re: Ann: Acquisition of shares by Landbridge ... yep good points...

re: Ann: Acquisition of shares by Landbridge ... yep good points there Interested.

I think you may be right re the supply issue - we know it's a "flexible" supply arrangement, and at WCL's option as to quantities.

I am unsure if there is a minimum supply requirement.

But importantly, is there an "exclusivity" condition? ie if WCL produces gas for sale, then under GSA it MUST be sold to GLNG ?? I simply have no idea about that. It would make sense if it was.

I think if other ex-directors had sold, we would hear from WCL- so I think not- just AK. And we can recall that he had to shuffle holdings, and sold some shares not so long ago, for personal financial reasons. So fact he sold at 32c is not indicative of the Board's view of value.

You are spot on in saying that L/B would do well to mop up any shares sub-36c imho!

imo, the trouble for L/B is that they will only be able to acquire small holdings on-market. and it will drive price up.

the Top20 still have around half of company I think.

yep, strange happenings, but not unexpected.
IF , big IF, the supply of gas under the GSA is able to be minimised, then I reckon its such a big game changer !!

AND the reason is the dirt sitting right next door to Meridian - its Petro's dirt!

follow the LNG Ltd trail and history.

cheers