Ann: Sale of Gladstone LNG Project to Arrow Energ, page-7

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  1. 117 Posts.
    re: Ann: Sale of Gladstone LNG Project to Arr... Nazzysmith
    In regards to the value of the 12.5 million options LNG will acquire on the proposed sale to Arrow Energy. Currently Arrow is down about $1 in the current market correction, so post recovery, you could value the short term potential at $12.5 million dollars for LNG, not a large amount but something Arrow has added to sweeten the deal for LNG share holders.

    My sentiment is disappointed compared to my previous expectations. On the rough figures the company has provided in the announcement the share seems to be valued at a future value of 92 cents, without taking into account what the company will do with its $85m cash and it proprietary gas to liquid technology.
 
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