Post by
Systemtogo on Oct 07, 2020 10:40am
Timing of LNG progress, insider buying and TSX listing...
Obviously we are seeing some interest here with an increase in volume and price. PEA appears to be on the cusp of something bigger than we know.
Comment by
BigFanLNG2018 on Oct 07, 2020 12:06pm
I'm going on a limb on this one. I'm guessing the German Government is stepping in with more than just loan guarantees. Perhaps the Germans are considering some real financing. The premature closure of coal-fired plants in Germany backfired, and now they desparately need more natural gas.
Comment by
commonsense9 on Oct 08, 2020 8:39pm
Better get off that limb. In the first place, they have not actually granted those loan guarantees. They are opening gigantic new coal plants as they close old ones. No net loss yet. And they have been building up nat gas infrascture steadily- no need for any panic moves.
Comment by
commonsense9 on Oct 08, 2020 8:35pm
Look back. Some of the highest insider buying has been when the stock is low. They could be selling now to hedge. Play it both ways, because if the stock takes off, they all have buckets of options.
Comment by
BigFanLNG2018 on Oct 09, 2020 11:11am
They have very little cash in the bank, so board members and senior execs get shares as part of their compensation. A lot of that insider trading activity is because the regulatory reporting. Board Members look like they get paid quarterly.