My contention is that this is not like LNG or LNG ltd where the high capex liquefaction facility is worth more than the tech and cheaper modular construction .
The value of GEV is it's technological innovation element which enables everything else to be commercially viable .
So long as the vessel design gets all it's approvals and works reliably in practice with all the flexing which will occur on the high seas, GEV's outcome should not be affected by the geopolitical status of a gas supplier .
After all India and others still need gas , they will find someone to sell it to them .
GEV Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held