Wednesday, February 21, 2024 11:38:56 AM
Once the general market hears of an announcement that’s when the anticipation really begins and things get interesting with buyers coming in from everywhere before the deal happens.
It has a lot of eyes on it now though and the entire LNG/O&G industry is probably watching them, especially at the moment with their permit position.
I can do the math and it’s still sitting at $100 million, despite the price, and no guarantees of an RM and no revenue.
I wouldn’t be buying this or imagine seeing this trading in the billions at this point in time. It’ll suck all of the air out of the event when it happens.
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