re: Ann: Market Update on the Company's G...
Basically saying A O E doesn't want to drop L N G project yet but they can't decide until the T/O decision is made.
L N G has agreed to extend the deal for them but at the same time they're saying we're not waiting around, we're looking for another gas supplier and if we find out then 1 day notice to pull out from that contract.
I think that this news is neutral to negative for the company
Neutral being contract still there Negative cause project is delayed and uncertainty still there
LNG Price at posting:
51.0¢ Sentiment: Buy Disclosure: Held