Chart moving up, still looking OK in the near term IMO. Next report will settle it I guess, I just hope the cash burn has decreased (low capex) and that the couple of $100m in contracts (plus however much for Conoco) announced last year is enough despite a lack of activity to get us to the next phase of the cycle. Ichthy delay is a bummer, but will be a nice earner when it kicks in at the end of the year. I like that LNG.AX had a nice positive announcement this week, and China has stated it wants to increase its use of gas over coal as it tackles pollution.
MRM Price at posting:
40.0¢ Sentiment: Buy Disclosure: Held
