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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: E_K_S who wrote (199631)9/10/2019 12:37:34 PM
From: Elroy Jetson  Read Replies (1) of 199704
 
Each time Chevron makes a major capital investment in LNG they pre-sell enough LNG on long-term contracts to pay back the project investment cost.
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When international LNG prices are again high enough to pay for the costs of building Kitmat, Chevron will proceed with the project.

Until customers are willing to sign a long-term LNG purchase contracts at a profitable price, nothing will happen. If you have the financial ability to be that customer, you can make Kitmat happen today.
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You can't time the LNG market, but you can easily value it. CVX up 2.58% today.
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