01-24-2014, 02:55 AM
'mikesioc' pid='36502' datel Wrote:LNG is presently worth nothing. This has been the case since December 6th and IOC is ripe for a takeover by just about anyone and posted as such. Total has done the math and realizes they can lead a group to take the whole company cheap. $100-$120 gets it done, I believe. Why the sudden change of sentiment is my biggest question?
The 30% stake in the LNG plant values USB 7.5 B according to my calculation.