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LNG Energy Group Corp. V.LNGE

Alternate Symbol(s):  LNGNF | V.LNGE.W

LNG Energy Group Corp is a Canada-based company, which is focused on the acquisition and development of natural gas production and exploration assets in Latin America. The Company’s assets include Sinu-San Jacinto-1(SSJN-1), Valle Inferior del Magdelana-41 (VIM-41), Valle Inferior del Magdalena-42 (VIM-42) and Sinu-San Jacinto 3-1(SSJN 3-1). The Company has a 50% working interest in SSJN-1, VIM-42 and SSJN 3-1. The Company has a 100% working interest in VIM-41. SSJN-1 covers approximately 226,000 acres. SSJN 3-1 covers approximately 83,000 acres. VIM-41 includes 93 billion cubic feet equivalent (BCFE) of net 3P reserves. It covers approximately 172,000 acres. VIM-42 includes 405 billion cubic feet (BCF) of prospective resource and covers approximately 228,000 acres.


TSXV:LNGE - Post by User

Post by Gman620on Sep 03, 2021 1:25pm
177 Views
Post# 33809844

Short Term Execution is Key

Short Term Execution is Key
Can they sell their software/methods system and enough synthetic Ibogaine to at least get good terms for the next financing round? It's hard to buy this when another dilution is probably coming. They don't have much cash left. I'm pulling for them, but it gets down to some crisp execution in the very short term.
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