From the Sep Quarterly.
This to me suggests a US listing after BTA's have been signed and a positive FID.
- LNGL’s Board remains fully committed to redomiciling the Company to the U.S., but at the same time, recognizes the utmost importance of maintaining the focus on offtake and strengthening the Company’s cash position with a goal of increased liquidity.
From the same Quarterly:
From the Dec Quarterly:
- Over the last quarter, our discussions with potential offtakers have increased significantly. With a colder than normal winter expected in Asia and a closing window to secure a long-term LNG supply, buyers are more willing to have serious discussions, and we remain confident in signing offtake agreements with credit-worthy buyers later this year or early in 2018.
- We continue to have productive and serious discussions with offtakers and remain confident in our ability to sign offtake agreements with credit-worthy buyers.
"Discussions" have since progressed to "negotiations" and we are still in early 2018. Suggests to me we are very close!
Re-read Timbo's last excellent post and relax a little.![]()
Ann: BAML US LNG Prospects Conference Presentation, page-32
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