Amazing isn't it (and we may have commented on this fund previously) but check out what Paragon said in their fund report back in May (the same folk talking air a $10 sp) ...
"Both of the above key milestones de-risk our investment case in LNG Ltd. Our risked 4mpta base-case valuation is $1.20/sh. Our un-risked 4mpta base-case and 8mtpa high-case valuations are $1.50/sh and $4.08/sh, respectively. Paragon invested in LNG AU in August 2013 at $0.20/sh and is currently trading at $1.36/sh. We have halved our position into LNG Ltd’s price strength."