11-04-2013, 06:18 AM
Stop it guys look at stock symbol LNG. Has risen from $1.75 to $39.00 and all they did was get permission to build an LNG plant and financing. Two years from any production.A multi year move I measured.
Want more examples look at Australian symbol OSH. Oil Search has risen from $1 to $9 with an LNG deal with Exxon. A multi year move.
Neither has LNG production today.
Learn this point. Mr Market anticipates. BUT to many false starts for IOC . BUT also the market has a SHORT MEMORY and IOC will deliver when Hession delivers.
Heres what Mr Market will get. IOC owns its assets at 5 cents and with an equity ownership in an LNG plant sells it for $15 range.
Want more examples look at Australian symbol OSH. Oil Search has risen from $1 to $9 with an LNG deal with Exxon. A multi year move.
Neither has LNG production today.
Learn this point. Mr Market anticipates. BUT to many false starts for IOC . BUT also the market has a SHORT MEMORY and IOC will deliver when Hession delivers.
Heres what Mr Market will get. IOC owns its assets at 5 cents and with an equity ownership in an LNG plant sells it for $15 range.