RE: Q&A28 Jan 2021 20:49
Good evening ps200306, sorry....i should have read up more on the take or pay agreement, so in theory, basically ,we produce 4bcf a year.....then offtakers provide transport/delivery/sales up to and including that amount.....but if offtaker doesn't/cant provide approximately 80 lorries a week (can't remember who posted that figure....maybe you but on phone so awkward to scroll down) we still get paid for supplying...means we get steady cashflow without any surprises.....all we need to do now is tax issue, bond, and get the gas plant running, have got to admit, only bit i am wary of is the gas plant, have been on numerous ships which have been built, lengthened , had refits etc. in italian shipyards, and didn't inspire much confidence in their quality of workmanship....i won't go into fiat/ lancia quality :)
Still like to know why lse stopped showing our trades very esrly....about 3pm and why it's showing different close price to lse and snd's own website..
Gla
Stay safe
Bdt