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re: Lnglf.....who has been stocking up?

Posted on 3/7/17 at 12:56 pm to
Posted by GeneralLee
Member since Aug 2004
13104 posts
Posted on 3/7/17 at 12:56 pm to
Anybody got thoughts on what the Exxon announcement implies for LNGLF? Seems like at face value it would be bearish as some of LNGLF's potential customers would likely contract with Exxon now.
Posted by sneakytiger
Member since Oct 2007
2474 posts
Posted on 3/8/17 at 8:43 am to
It's not good. XOM will be competing with them directly in the LNG space and investing billions more in downstream projects that will soak up gas supplies that might otherwise be available for export.

Everyone should compare the market cap of TELL to LNGLF/Y to get an idea of the market's confidence in these guys.

LNG limited has spent hundreds of millions of investors money over the last 5+ years with very little to show for it.
This post was edited on 3/8/17 at 8:49 am
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