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

Posted on 1/13/17 at 3:45 pm to
Posted by sneakytiger
Member since Oct 2007
2473 posts
Posted on 1/13/17 at 3:45 pm to
Anyone get to ride MPET up? Cheniere's former CEO and a BG guy are recapitzaling it to build a new LNG plant in LC area. Big capital commitments already from GE and Total. More competition for LNG limited.
This post was edited on 1/13/17 at 3:46 pm
Posted by Linkovich
crater lake
Member since Feb 2007
9541 posts
Posted on 1/13/17 at 7:51 pm to
Mpet did what Lnglf was hoping to do. Where you in it Sneaky?
Posted by L S Usetheforce
Member since Jun 2004
22783 posts
Posted on 1/14/17 at 11:52 am to
Except they don't have every Ferc commitment and the only Canadian pipeline.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
73827 posts
Posted on 1/14/17 at 2:36 pm to
Got in at .41cents

Whats your prediction on where its going LSUtheforce?

Should i buy more at .67 or will it dip down then buy?
Posted by L S Usetheforce
Member since Jun 2004
22783 posts
Posted on 1/14/17 at 3:16 pm to
It's been so dormant I can't really say, my position is 30k shares @ 1.07. I just keep up with hotcopper and google and buddies in lake
Chuck in the business.
This post was edited on 1/14/17 at 9:03 pm
Posted by sneakytiger
Member since Oct 2007
2473 posts
Posted on 1/14/17 at 8:12 pm to
Don't own it but am a buyer if it drops down to $7-8. I looked at it when they announced the merger at about $5. MPET shateholders will own 5% of the post-merger business. It's overpriced now, value at $1.5 billion.
Posted by L S Usetheforce
Member since Jun 2004
22783 posts
Posted on 1/23/17 at 9:41 am to
More booms are coming...

LINK

1 down 1 to go
This post was edited on 1/23/17 at 9:42 am
Posted by Buga_Scores
L.C
Member since Jul 2014
1834 posts
Posted on 1/23/17 at 9:59 am to
quote:

non-binding Heards of Agreement


The only crappy part
Posted by L S Usetheforce
Member since Jun 2004
22783 posts
Posted on 1/23/17 at 10:12 am to
True...but shows consumer confidence in global LNG is on rise in my opinion after going dormant for 3 years....businesses are shopping looking for the best deals.
This post was edited on 1/23/17 at 10:13 am
Posted by ntgreek00
Metairie
Member since Sep 2013
350 posts
Posted on 1/23/17 at 11:14 am to
Have they broken ground for the Lake Chuck project?
Posted by GeneralLee
Member since Aug 2004
13104 posts
Posted on 1/24/17 at 9:57 am to
On the yahoo board for this stock, someone posted that the link below indicates they are starting to hire for the Magnolia facility? Any truth to that?

LINK
Posted by L S Usetheforce
Member since Jun 2004
22783 posts
Posted on 1/24/17 at 11:16 am to
Not only that also heard recently a rfp for housing of construction workers was sent out.
Posted by GeneralLee
Member since Aug 2004
13104 posts
Posted on 1/24/17 at 11:19 am to
I read through most of their investor presentations today. One major thing that seems missing is their projected earnings on the projects, assuming they come to fruition. They talk about how their technology is lower cost and give a rough ballpark of what their cost per unit would be, but no estimates of what their margins would be on their costs.
Posted by Jp1LSU
Fiji
Member since Oct 2005
2542 posts
Posted on 1/24/17 at 2:59 pm to
I'd like to get a legitimate update and timetable. It appears to me as though they are working on contracts, if there are enough contracts to make it feesible they will break ground. After they break ground 5-7 years before they start pumping/shipping. So best guess is that it will be 2023 before they ship they're first drop of lng?
Does anybody know anything that contradicts what I've heard?
I was under the impression several years ago that they'd be finished with construction by 2017/18 but that was prolly never on the timetable.
Posted by Old Sarge
Dean of Admissions, LSU
Member since Jan 2012
55313 posts
Posted on 2/17/17 at 9:52 am to
Anyone have any thoughts on LNGLY? I'm still holding but can't find any news on them
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
2473 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
Posted by L S Usetheforce
Member since Jun 2004
22783 posts
Posted on 3/8/17 at 12:22 pm to
Proverbial here comes sneakytiger to diss LNGLF but I missed it.....
Posted by sneakytiger
Member since Oct 2007
2473 posts
Posted on 3/8/17 at 1:05 pm to
It's my opinion. Take it or leave it.
Posted by Jp1LSU
Fiji
Member since Oct 2005
2542 posts
Posted on 3/31/17 at 12:28 pm to
There's an update on Seeking Alpha today.
Says the project is shovel ready.
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