meeting in china this week, page-2

There's a scenario that I have been thinking about for a while now - the last proposed capital raising.

I have been trying to compare what happened to LNG at Fishman's Landing (FL) in which the placement of 20% company shares to a subsidiary of CNPC(China's largest oil and gas producer and supplier) for approx. $25M. It looks like now the CNPC and it's subsidiary will finance and look after the Engineering, procurement and construction of the plant.

LNG Ltd at FL has their technology and approval to build a mid-sized LNG plant, but not the capital. Just like Boulder here, working on the plan and approval but no capital. IMO, there could be a buy-in from MCC to become a major shareholder of BGD.

Please DYOR