RE:Today's Announcement with CheniereCommon Trapped, surely there is enough room on the continent for ARX LNG and VET NG. LOL
Vermillion only pays WFTs after they bank 20% above their traditional profit margin.
Actually given that the Corib field has a limited lifespan, I see a time when ARX LNG is being offloaded to a VET regasification plant in Ireland and supplying them and the UK for years to come.
But I own way more ARX than VET so if it has to be one or the other screw VET and....
GLTA ARX BULLS
Trapped wrote: Just my two cents on today's announcment of the additional supply agreement with Cheniere Energy.
I truly love the long-term view this company has taken on development of its properties (NEBC) and its overall LNG strategy. They're looking 5+ years ahead, when Canadian LNG will be booming. We'll be so well positioned and that's what makes this such an easy long-term hold for me as a value and income investor.
And to credit QE Buble on Twitter/X: "With one agreement, ARX will market more natural gas to TTF than Vermillion, without the windfall tax and punitive regulations."
I'm predicting a conservative dividend increase to .20 / quarter in Q1.
Cheers and GLTA ARX Bulls.