When your market cap is $2.5b I don't quite think funding $2.1b is as simple as pay as you go! If they can get around 70% debt funding (which is a maybe) thats still over $600m of equity required. Although as jake as noted on another thread, maybe shell takes a stake?
Another interesting point...the 12 m options granted to LNG expire in only 2 months and have an exercise price of $3.5. If exercised LNG will have to pay AOE $42m. So AOE better get its share price well over $3.50...
AOE Price at posting:
$3.45 Sentiment: LT Buy Disclosure: Held
