Ann: LNG Limited extends Meridian LNG Offtake Agreement, page-36

Siv,

""For all we know they have legally committed very little given their circumstances.""

Fair point, and I do understand where you are coming from. However, I can only comment on what little information has been made available. The fact that management told me when in Melbourne that Meridian is an important part of the puzzle, suggests to me why LNG have been very keen to keep them in the picture. As a shareholder I am grateful for their continued patience.
It was interesting to see that the share price did not react with more enthusiasm on the back of this news. What do you think might have happened if Meridian had decided to choose the alternative.
One doesn't like to think about it to be honest.


Exchanger,

""I look at MB and his new adventures at GEV, he already way far ahead of us, he secured gas supply, he is in talk with buyers, he’s close to start building the ships. ""

For what it's worth, I totally agree with your comments on M.B . I have no doubt whatsoever had M.B still been running the show we would have made greater progress then where we currently stand today.
Unfortunately it's a conversation that needs to go no further. We don't have his services or his expertise so that ends that discussion. He aint coming back !!
Right now we have highly credentialed individuals who are all being very well remunerated .
As a shareholder my simple question is when are WE going to get bang for our buck. An honest days pay for an honest days work is all I am wanting to see . I think all shareholders are entitled to expect that.
We were told by Greg some time back that it would be all guns blazing to get these BTA's.

A couple of months ago I was asking the same questions about whether these guys were the right people for the job. Fair to say I am still asking. The jury has not returned to the dock.

Economic conditions have continued to improve world wide, the oil and gas prices have continued to hold at reasonable levels and yet when I look for that light at the end of the tunnel it is barely a flicker.

Sorry to impose my negative thoughts on the current situation. I will climb back up my tree now and wait for another quarter hoping and praying.

I have had my say. We will leave it at that.


Cheers and good luck.