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Yea, sort of! It can be, but LF is actually LY shares sold by MM's at a much lower price... It's all the same company shares, yet they don't "promote" both tickers, only the LY. I'm good with all that as long as it keeps making me money! Lol
Exactly! Not ONE sell yesterday..and everyday is same thing... Very few Selling going on. I'd be almost willing to bet that the "Institutional Investors" who are confirmed investing into the "LY", may be sliding over I to the OTC market and getting some of these cheapies..only my opinion. Lol
* Split not Sit
Well I can tell you one thing... I work at a Chemical plant in the same area... So I can only reference to that...but for an example, Westlake Chemicals stock 6 years ago was under $12-share. Since then, it has skyrocketed to over $130-share and just recently sit to $60, and now already back up to over $80-share. So if the question is "can" they continue to ride, the answer is absolutely.
Exactly! We can see it with our own eyes! Plus, we know how crazy the LNG business is right now, with "another" project starting on Monkey Island to export LNG to South America through So-Cal Electric. Mark my words. If you can be patient, in 4-6 years, you will see something that you only hear about! Millions to be Made.
LNGLF - Blue Sky Territory. Steadily Climbing. Check the Chart! This is a Monster Play
Awesome! Great to have you here! I agree, we have BIG things to come! LNG is one of the Top, IF not
"THE TOP " talked about industry in America right now especially..... There is a huge race to become the World leader in LNG export and we are benefitting greatly. We look forward to sharing updates and releasing new info together as it comes! GLTY!
Oh cool! I live in Sulphur and work at Westlake Chemical. Small world. But yes Magnolia Project is going to be HUGE! I'm sitting back and waiting and treating this like my 401k! Lol
I hear ya! Still lots of money to be made! I'm seeing $20-$40 by 4-5 years
LNGLF - I Alerted @ .791 two weeks ago! Now at $1.24 (Gapping to $1.30) Blue Sky Breakout to $25.00-$40.00. Magnolia Project hasn't even broke ground yet.... Check back in 4-5 years and you can retire!
This is Liquified Natural Gas Limited... Look through some of the recent posts and you can find all the info you need.
LNGLF -up 12% and climbing. Blue Sky Breakout
Yea, I agree. It's a first for me. If you wanna know another hot stock look at LNG Cheniere, ticker "LNG"
Depends. It's obvious LF has been feeding off the same attention of LY. In 52 weeks LF has gone from .12 to 1.08 Blue Sky. Idk about you but I like my shares at $1 ea rather than $30? Either way both symbols are profiting.
On Alert. I like the potential here
It actually hit .0028! This thing moves super quick!
LNGLF - Huge! Broke through to $1.00! Now up 11%! Bottom Floor
PEII - On Alert! Making a Big Move Soon
PEII - Major Buys coming In. Add to Alert list. This one is about to make a major move
New Email from Company:
Dear Monceaux
Thanks for your email and interest in the Company.
Our stocks (American Depository Receipts) are sold in USA on OTC market under the ticker code LNGLY.
Below is a bit more information:
Liquefied Natural Gas Limited maintains a sponsored Level 1 American Depositary Receipt (ADR) program with Deutsche Bank Trust Company Americas (Deutsche Bank).
ADR details:
Ticker: LNGLY
Structure: Level 1 ADR
Exchange: OTC
Ratio (ADR:ORD): 1 : 40
DR ISIN: US53632G1094
CUSIP: 53632G109
The simple explanation is that the LNGLY shares are ADRs with Deutsche Bank, being the depositary institution holding the local shares. This is a sponsored ADR (with LNG supporting the listing). As these are ADRs an ADR ratio (in this case 40 LNG shares per ADR) is in effect.
The LNGLF shares are trades made by market makers without the support of the company where the market maker goes and purchases the actual shares on the primary exchange of the company (in our case the ASX). There is no ADR ratio here, it is always 1-to-1. Also, since these shares aren't held in a custodial account they generally can't be purchased on margin. These are often very low volume listings, in the case where a company has both a Y and a F listing, the ADRs (Y listings) will, once established, have much higher volume than the F listings.
To summarise, LNGLF are our shares but not on the platform to trade that we are promoting, we are promoting LNGLY through ADR's with Deutsche Bank.
I hope this answers your query.
Regards
David Gardner
Company Secretary
Liquefied Natural Gas Limited
-----------------------------------
M +61 412 116 753
T +61 (0)8 9366 3700
F +61 (0)8 9366 3799
dgardner@LNGlimited.com.au
www.LNGlimited.com.au
-----------------------------------
From: Josh [mailto:josh.monceaux@yahoo.com]
Sent: Wednesday, 28 May 2014 6:48 PM
To: LNG
Subject: LNGLF
Hi, I am currently looking to invest into Liquified Natural Gas Limited, but before I do... Could you tell me what the OTC ticker symbol LNGLF has to do with y'all's company. Everywhere I see a PR, I only read about LNG & LNGLY. It never states LNGLF. Are the two connected directly? Are y'all in fact LNGLF as well? Why don't it ever list that ticker in releases? Thank you for your time, I look forward to hearing from you.
Sincerely
Monceaux
PEII ~ On High Alert
Yea, I love how this thing will just Gap up like 20% out of no where and just hold.... It's definitely Italy a solid stock. 52 weeks of straight climbing. It's one of those leave alone and check back 5 years later stocks
Liquified Natural Gas Limited Released their Magnolia Project Plans Today. http://www.lnglimited.com.au/irm/Company/ShowPage.aspx/PDFs/2039-44267386/CompanyInvestorPresentation
This stock has breakout potential at any given moment. It's ran to .0028 from .0009 multiple times..... As soon as people get a catalyst and hit the ASK. Booom it's Gone!
I'm not too sure a lot of people even realize this board is here. I just created it two weeks ago. We are still getting High Volume day. As long as the Volume stays high, I don't care if anyone posts! Lol
It was @ .79 late last week.it ran up to .98 at one point last week
LNGLF - Looking to break the Dollar range soon!
$WLK is definitely a good choice to invest in. Their Ethylene units alone are breaking qtrly records all the time. Later this year be on the look out for their newly created subsidiary for their Ethylene side.
LNGLF - Making Big Moves to prepare for 2 Billion Dollar Project!
http://www.lnglimited.com.au/irm/Company/ShowPage.aspx/PDFs/2038-94805595/Appendix3B
http://www.lnglimited.com.au/irm/Company/ShowPage.aspx/PDFs/2036-60589813/Appendix3B
http://www.lnglimited.com.au/irm/Company/ShowPage.aspx/PDFs/2032-91026700/Appendix3ZFinalDirectorsInterestNotice
Reduces Shares & Brings in Institutional Investors!
http://www.otcmarkets.com/stock/LNGLF/news
LNGLF WILL BE TRADING $10-50 per share within 4-6 years. These chances don't come often.
Stockmister
LNGLF - Reduced shares by 45 million!
LNGLF - Confirmed Institutional Investors! http://www.lnglimited.com.au/irm/Company/ShowPage.aspx/PDFs/2030-68210044/HQCReducesShareholdinginCompany
Confirmed "Institutional Investors"
LNGLY , LNG, LNGLF are all subsidiaries of Liquid Natural Gas Limited. They are all tied together.
Here is a link to the wholly owned subsidiary of the New Magnolia Project : http://www.magnolialng.com/IRM/Company/ShowPage.aspx?CategoryId=190&CPID=2026&EID=14705769
Liquefied Natural Gas Limited (LNGLY) Magnolia LNG Project's Filing Application Accepted by FERC
Brisbane, Australia, May 14, 2014 (ABN Newswire via COMTEX) -- Liquefied Natural Gas Limited (ASX:LNG) (OTCMKTS:LNGLY) (the Company) advises that the US Federal Energy Regulatory Commission (FERC) has formally accepted Magnolia LNG (MLNG) Project's filing application.
Highlights
- US Federal Energy Regulatory Commission (FERC) formally accepts Magnolia LNG Project's (MLNG) filing application
- MLNG is among leading LNG export projects based in the United States to have completed this important milestone which is a critical step toward permitting and approval necessary for the MLNG Project's construction
- Represents another step towards achieving a Final Investment Decision in late 2014 and Financial Close of MLNG by mid-2015
This project is located along the Calcasieu River, near Lake Charles, Louisiana, United States of America (US) - refer to Figure 1 in link below. The receipt of FERC's formal acceptance of MLNG's filing application (which has been made under Docket No. CP14-347-000, a copy of which is attached) resulted from submission of the application on 30 April 2014.
Managing Director and Joint CEO Comments
The Company's Managing Director, Maurice Brand, said "FERC's formal acceptance of Magnolia LNG Project's filing application is another step forward for the Magnolia LNG Project, placing it among a small group of projects to have formally received this notification from FERC."
"Magnolia LNG anticipates receiving all approvals during 2015 and such approvals will be a key requirement for Financial Close. Construction will commence shortly thereafter with first LNG exports planned for the second half of 2018."
To view the filing application, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-LNG-677892.pdf
About Liquefied Natural Gas Limited:
Liquefied Natural Gas Limited is an ASX listed company (ASX:LNG) (US:LNGLY) whose portfolio consists of 100% ownership of the following assets:
- Magnolia LNG, LLC, a US-based wholly owned subsidiary, which is developing the Magnolia LNG Project an 8 mtpa LNG export terminal, in Lake Charles, Louisiana, USA;
- Gladstone LNG Pty Ltd, a wholly owned subsidiary, which is developing the Fisherman's Landing LNG (FLLNG) Project at the Port of Gladstone in Queensland, Australia; and
- LNG Technology Pty Ltd, a wholly owned subsidiary, which developed and owns the Company's OSMR(R) LNG liquefaction process, a mid-scale LNG business model that plans to deliver: lower capital operating costs; faster construction; and improved efficiency, relative to larger traditional LNG projects.
Contact:Liquefied Natural Gas Limited
T: +618-9366-3700
F: +618-9366-3799
WWW: www.lnglimited.com.au
Source:
Liquefied Natural Gas Limited
Copyright (C) 2014 ABN Newswire. All rights reserved.