LNG 2.56% 19.0¢ liquefied natural gas limited

BTA/FID, page-71

  1. 1,405 Posts.
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    There seems to have been some very negative opinions voiced recently on LNGLs future. That's disappointing as the trade war seems to be moving to a conclusion. If a deal is done on trade then GV's China strategy will make sense again and we will see if they are good enough to real in some of the opportunities which will be on offer.

    Although we are no longer in the lead, we are still in a reasonable position for at least the second half of the year.

    LNGLs management has had its failings, and there are many on this forum who have pointed them out at length. The issue on the top of my list is the pedalling of false hope, by setting unrealistic timeframes to achieve a BTA, and the constant let downs.

    That being said, things appear to be looking up not down at the moment.

    Even though it is not ideal to have to say this - management does not have to be good - just good enough. And if the trade war ends then I am confident they will be just that - good enough.

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