The shorters would be a little worried SE is continuing to buy. If he buys another 5-10 million you'd think some would start covering their positions....
I thought the FSRU was another statement that would never materialise, however with LNG prices so low and abundant it probably was easy to source at a low rate.
Would be great to see the 400MW installed and operating which would help with the 150m & 60m loans for the steam and LNG hub to finish.
Does anyone know if DBP & Land Bank could not commit to lending until new president is in office ?Considering they are both state owned banks?
The shorters would be a little worried SE is continuing to buy....
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