Liquefied Natural Gas Limited well funded for Magnolia LNG project
Liquefied Natural Gas Limited (ASX:LNG, OTCMKTS:LNGLY) CEO Greg Vesey tells Proactive the development company that turns natural gas into a liquid and exports internationally is well funded for its Magnolia LNG export project in Louisiana.
Vesey says the company’s original assets were in Australia, and is now shifting towards the US, with assets in the US and Canada. It has AUS$50mln in the bank with no debt — enough money to take the company to a “final investment decision” on Magnolia, which should get the company to revenue.
LNG shares currently trade in the US as American Depositary Receipts, or ADRs, but the company isn’t ruling out plans listing to the US in the future.
Story by ProactiveInvestors
Source: http://www.proactiveinvestors.com/companies/stocktube/10101/liquefied-natural-gas-limited-well-funded-for-magnolia-lng-project-10101.html
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).