Ann: LNG Limited extends Meridian LNG Offtake Agreement, page-40

mwilson,

""discuss a similar deal with the big boys that we are a startup with no chance and to sign with us will be the end of your career""

""the big boys will tell our customers they are gambling on an unproven technology - another career limiting move.""

"'This all means that getting customers to sign is not easy. Again we are up against it""

""Mostly it’s not the people but the situation we are up against.""

""LNGL is a seculative investment. A low chance of a big reward’. Keep that in mind.""


I concur that you did not use the word CANNOT as I posted. My mistake. Sorry for that.

But in all honesty, you might as well have used that word. From your own words you are painting that very bleak picture. I thought I would just summarise all your thoughts on LNG's chances of success, and this was the word that sprang to mind after reading your detailed post.. It certainly wan't very encouraging to anyone contemplating topping up a few more. I think we can agree on that score.

For what it's worth I am not ready to throw the towel in just yet. I do believe LNG has it's chance to shine, however, I am yet to be convinced that we have the right personnel pulling the right strings.


Cheers.