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Told ya haha
Well I sold all my shares in the $50's just stopped in to see how there doing
Thanks for the copy paste in case some of us don't have the news button
Wow WTH happened here?
This uptrend is not accidental, like I said yesterday they are starting there shipping overseas and the lake Charles plant will be finished on time.
First overseas natural gas shipment today. I see this starting a 3rd run to $2-$3
Picked up 1M yesterday this has the potential to make a small run with all the .0001 buys at minimum you double your money on this.
Good luck everyone ????
I'm not going to argue with you, you go ahead and keep buyin lol
Yup looks like a no brain'er with volume 0 and no bid ??
Sad thing is no matter how good the news is without volume in the hundreds of millions it's gonna be hard for this to run.
Oh sorry I must have not been paying attention to you.
240M traded and not 1 movement wow
What's the L2 look like for 2'a?
205M first hour wow these MM are going to run out of 2's so just let them go
$$&LNGLF$$$ starting construction on plant. Strong buy on this one
Huge volume selling this morning in my schwab. What's the deal here?
.0001 will be here sooner than you think
Phase 1 already hiring dump trucks to haul dirt from there construction site paying $1,000 per day says the contract will last 1 year. Once this plant is complete this $1.20 per share price will be through the roof.
MEDIA RELEASE!
1001 McKinney, Suite 400 Houston, Texas 77002
Highlights:
One Lakeshore Drive, Suite 1810 Lake Charles, Louisiana 70629
MEDIA RELEASE 14 September 2015
MAGNOLIA LNG STATUS UPDATE
• The FERC’s DEIS comment period expired on 8 September 2015.
• LNGL and KSJV have agreed a schedule to conclude pricing negotiations and subsequent signing of the turnkey EPC contract in
the fourth quarter 2015.
• Marketing of binding offtake agreements for 6 mtpa of Magnolia LNG capacity continues with some negotiations advanced.
Lake Charles, LA
Federal Energy Regulatory Commission (FERC):
Magnolia LNG, LLC is pleased to advise on the outcome of the FERC’s Draft Environmental Impact Statement (DEIS) comment period for Magnolia LNG. The FERC’s DEIS comment period expired on 8 September 2015. The FERC’s DEIS public comment process allows interested parties, including agencies, citizens groups, and individuals, to review FERC’s extensive environmental analysis and provide feedback to FERC to be incorporated into the final environmental impact statement (FEIS), if appropriate.
Several entities submitted letters to FERC stating that after reviewing the DEIS they agree with FERC staff’s conclusions and recommendations and have no comment. One substantive comment was received from the National Marine Fisheries Service (NMFS) recommending resolution of certain dredging issues in advance of the FEIS. Magnolia LNG is working with FERC, NMFS and the Army Corps of Engineers on this matter and expects to have it resolved promptly. The EPA regional office also offered comments to FERC that are consistent with its comments in other LNG export projects. Magnolia LNG is confident that it can address the EPA’s comments to the satisfaction of its obligations under the National Environmental Policy Act.
Status of the Magnolia LNG Engineering, Procurement, and Construction (EPC) contract with KBR-SK joint venture (KSJV):
Parent company Liquefied Natural Gas (LNGL) and KSJV have agreed a schedule to conclude pricing negotiations and subsequent signing of the turnkey EPC contract in the fourth quarter 2015. KSJV will provide LNGL a fixed-price on the full 8 million tonnes per annum (mtpa) project, as well as a 6 mtpa project, providing certainty of pricing for a six-month period from the EPC contract’s effective date. The two firm KSJV prices allow LNGL flexibility in its FID decision to match a firm EPC contract price with the outcome of ongoing liquefaction capacity marketing efforts, without further KSJV negotiations during the six-month period. As part of the EPC contract, the KSJV will fully guarantee the LNG production and fuel gas efficiency of each train at the guaranteed production rate of 206 metric tons/hour (1.7 mtpa equivalent) and fuel gas efficiency of 8%, incorporating the OSMR® (optimized single mixed refrigerant) process design provided by LNGL.
Status of Tolling Agreements:
On 23 July 2015, Magnolia LNG announced a binding offtake agreement with Meridian LNG Holdings Corp for firm LNG production capacity of 1.7 mtpa, with a possible further 0.3 mtpa to be offered at Magnolia LNG’s discretion.
Marketing of binding offtake agreements for the remaining 6 mtpa of Magnolia LNG capacity continues with a number of investment- grade, as well as some non-investment grade counterparties. Certain negotiations (with investment-grade counterparties) are advanced and progressing through the internal investment decision authorization processes attendant to each counterparty. Each of the offtake negotiations are for initial 20-year terms, with some taking the form of a liquefaction tolling agreement and some being LNG sale and purchase agreements. Current negotiated pricing remains at levels supporting previously announced (30 July 2015) EBITDA guidance of $2.50/mmBtu across the full 8 mtpa project.
LNGL will update the market further on terms and conditions of the EPC contract and marketing efforts, respectively, once binding agreements are signed. Any updates will be after 30 September 2015. LNGL continues to discuss the provision of equity by Stonepeak Infrastructure Partners and debt arrangement with BNP Paribas in relation to the 8 mtpa Magnolia LNG Project.
Throwing your cash away with this one. Why don't you check there real S2 and debt to income before investing in this one. And don't message me with your pipe dreams and your false conclusions! I will not respond. For those hard working Americans this ones for you! Save your money do your own DD before you get ripped off!
Close at .91
Big* sry
Bug weekend ahead!$$$
Wow!! Up 40% in a week
How much $$ have you made off FUTL dividends? Lol oh and hint that's a trick question
Hahaha down to .20 how those divys look now
Up we fo
Holding is what I'm doing. This thing is so undervalued
I think so
Well I got a few thousand @.91 but I picked up another 750 @.72 so my average is lookin good
Wow excellent thanks for that link!!
Wow 25% on no news anyone know what's to come in the near future? I just loaded some more
Finally sold 50K now just 450,000 to go
Where did the restricted shares from the FWDG purchase go? Was in my Schwab now gone
Little late on this but what happened to the restricted shares of FUTL they were in my Schwann and now gone?
I've already written off the divy shares as a loss. But just makes me lol when people say there going to pick up some more FUTL shares at these great prices lol
Haha well that's what I was curious about, I was givin 3200 shares because of the FWDG but it might as well be 1,000,000 shares if there stuck in restricted
I'm new at this what does the $5.00 mean with 0 trades?
Someone correct me if I'm wrong but even if this goes up to $10 per share that means nothing to those holding restricted shares.