@cate_long@TraderNorway You seem to be very knowledgeable in LNG issues , do we need import terminals ? Maybe not we can just take gas from US and feed to power plants. Dont know why companies liquify it and convert to gas wasting more time and money
@Asker_itwasme@pldevries2 @LNG_Investor_ Agree will find out in next 30 days, I still think NFE will keep the contract at reduced margin because no other company has import terminal.
@Asker_itwasme Stock hits 12
1)Jamaica sale announced market not happy with price
2) brazil auction called off
3) port contract cancelled
4) market tariff not helping
Positive news
1) None
Shorts making the most of situation
@Asker_itwasme Short Thesis:
Loosing Puerto Rico contract: Don't see this happening only other competitor Crowley does not have infrastructure in San Juan.
Asset sale : Jamaica sale not closing or cannot sell 1 more billion , again very low chance.
Got to hang in