TheGlobe.com Inc (TGLO)

[rsande1]

100k, and thanks

[dinogreeves]

Of course, if everyone else will come forward, we will have a better understanding what the actual float is.

[wiwineguy]

Sheepishly raising my hand

[dinogreeves]

My only curiosity is how many legacy shareholders left in the mix that were in this before Delfin took control.

[Mr. C]

3.3 MTPA barely meets the minimum for one ship and is pretty weak optics-wise if they go public and news starts picking them up.

Even though each ship is its own, most projects have to be 60% at a minimum sold for FID, so having two ships would be best at 6.8 MTPA even with no additional contracts.

Convert Devon at 2.0 and SEFE at 1.5 then that should be enough to get going likely.

Who knows what their goal is internally before FID is though except them.

9.0 MTPA might be all they really want if they leave some for the spot market.

I’ll get antsy again in September, but I mapped out the timeline and unless the ship can be built super fast they can’t afford to wait.

Never know what delays or global conflicts/pandemics could pop up in 4 years

[Mr. C]

Someone else could always buy that too, but probably not the likeliest outcome

[vinnie1965]

Why are they shitting and not get off the pot.....lol

[dinogreeves]

Then why continue to fund TGLO shell?

[dinogreeves]

We need a left hook knock out punch. Tired of small jabs here and there, too boring.

[Vitamin310]

Great points. Just getting antsy given all the momentum lately with permitting 

[vinnie1965]

My worry Dino is they are getting old...so are we. I love my children but I want to enjoy the fruits of holding so long.  We have been holding on long brother. I always hope Delfin's ambition doesn't fade and opt to be bought out by a bigger coglommerate.

[dinogreeves]

Licenses were issued just a couple of months ago, they said they will FID in the 3rd quarter, Delfin has humbled me and I don't know if I should give them a benefit of doubt at least until the end of 3rd quarter, but I will. All I know is they are not getting any younger.

"How does one commit to a product delivery without actually having any product in hand?"

It's called back log of orders that will come in to the bottom line

[Vitamin310]

I would like to understand the rationale for waiting right now. Why not pull the trigger on at least the first ship if it's ready? The commitment to FID would be a good sign to potential clients that the company is ready for business and could put some more deals into existence.
How does one commit to a product delivery without actually having any product in hand? Probably the same reason several of us have been holding onto TGLO for years 😂😂

[dinogreeves]

Two more weeks before next filings, got to love 25,000 dollars being spent each quarterly for this shell. Just give me 10....15....and just maybe 20 and 25 2-3 months after the merger, I won't be here past 3-6 months after the merger, much less 3 years or longer.

[LexTrader]

I was making that point with contracts they have so far. FWIW

[Mr. C]

Can’t FID/go public without contracts, but I don’t dispute that if they had some profile it would make things easier.

If they can lock in the 6.8 MTPA then that’s all they need for two ships to get started.

I’d be happy with that for now, but 9.0 MTPA would get everything going and maybe the rest could be left open for the spot market?

They might not need or want to sell out every ship in the end and not every buyer may want to get locked into these long contracts, so that could be an option.

My understanding is that is common to leave 20-30% open for flexibility, so the goal might be less than the 13.2 MTPA that people think

[LexTrader]

imo, contracts would come easier if they were dealing with a public company with fiduciary requirements. FID should be sooner than later to advance any further developments, not the other way around

[Mr. C]

Minimum threshold is 3.0 MTPA per ship

https://delfinmidstream.com/wp-content/uploads/2025/03/DMI-Corporate-Intro-March-2025.pdf

[Mr. C]

I wonder how many buyers are out there?

Seems like it’s all Europe and that could be an issue if they are coming up short, since Europe has access to other countries’ suppliers and the market is weird right now.

On the wrong side for Asia too unless you use the canal and smaller ships for transport, but the price would have to be super cheap.

[Mr. C]

They actually don’t even have enough to sell out 1 ship at the moment, considering the new capacity of roughly 4.0+.

Only 3.3 MTPA are SPAs. The other 2.5-3.5 MTPA that are HOA can’t be applied towards FID.

They need to convert DEVON and SEFE then probably close 1 or 2 more SPAs to sell out 2 ships.

Figure the minimum threshold is probably 75% per ship, so 3.0 MTPA, maybe 3.5 MTPA tops.

If they convert the 2 SPAs then they might have enough to meet the minimum threshold (5.8 - 6.8 MTPA), but they need more SPAs to sell out 2 ships (1.2 - 2.2+ MTPA) and 9.0-10.5+ MTPA to meet the minimum threshold on 3 ships

[chen1992]

Realistically speaking, assuming they want to FID on the 1st vessel only, it wouldn’t make sense. They complained all they needed was the MARAD & DOE permits and now have the permits on hand, and have enough contracts to fill the 1st vessel, maybe even 2 or all 3, BUT….. its delfin, the boy who cries wolf all over again shouldn’t surprise anyone

[Mr. C]

Think everyone underestimated the politics and time it takes to put these things together.

Didn’t have the contracts during the first Trump Admin then Covid happened and didn’t have the political support during Biden.

Company also looking back, either made a major forecasting mistake or was dishonest in their statements.

You only get so many second chances. Not sure they can screw it up now.

My one concern is they’ll push it back again and are already estimating that they need an extension.

I just hope they don’t use it to get comfortable and cut it close.

September is the latest I would hope they push it. Better mean what they say this time.

Hope no one comes in and tries to buy them out too, another possible u-turn

[eskayes]

Waiting for Godot has nothing on us. lol. Fml with this stock

[vinnie1965]

Its funny... I ve been here for 3 plus years and prior to that I ve read every post. The same questions, comments predictions and prognostications are relived ever 8 to 12months. It amazes me that we keep holding on ...just like godo. 

[chen1992]

Hopefully within the next month or so we see Delfin finalize the HOA with Devon to a SPA!

[sissyjane1]

well Mr. C that about sums it up on the FDI date ..good info ....thanks.

[Mr. C]

Delfin states 3rd quarter here for FID, so I’m gonna push my expectations until end of September to be safe.

https://www.energy.gov/sites/default/files/2025-04/Delfin%20April%202025%20DOE%20Progress%20Report%20%28final%29_13-129-LNG%20%26%2013-147-LNG_0.pdf

[JAB65]

Agreed. Now or never.
Get out when the timing is right in the short run. I've watched a few OTC stocks as a non-investor and boy oh boy when the money dudes get a hold of the stock wild things happen. Forward splits, reverse splits, pants splits and everything in between!

We hold a little for the long term but I will take no chances on what the ultimate structure looks like. That is beyond my pay grade.

[chen1992]

I remember reading as well that they need to finalize the ship yard slot with Samsung by mid-2025. I assume by then they must have FID on this project. I see this not going past July as well

[Mr. C]

Which is why they need to pull the trigger soon and get the 1-year extension to 2030 before the 2028 election.

Latest this could go is probably end of the year from what I have calculated, but that would make the timeline really tight even if things go well.

Other companies took 4-5 years to go from steel cutting to gas flowing.

Delfin’s build, setup, and early prep might shave some months off, but they need to quickly lock in financing, suppliers, and contractors after FID.

If FID and merger are announced, I’ll probably cash out within days to months before the merger closes, depending on the timeline and how explosive it gets.

I would be surprised if this goes past end of July for FID announcement, but who really knows except Delfin?

[chen1992]

I’ve been saying that since 2018 LOL

[sissyjane1]

God points rendered , I also dont plan to be around for 3 to 5 years on this position and personally feel after Trumps tenure America will be better off in most all prospects . Looking for the initial jump after FID approval , then decide my strategy

[Vitamin310]

My take as well.
They now have essentially everything they need. There should be no reason we don't see FID within this presidency. 

[senor_c]

That's if you're considering this as a long-term investment. Most of us won't be around to find out what'll happen in 3-5 years. That's just the truth.

[dinogreeves]

Trump gave them everything they needed, if they can't get to the finish line and let all their permits be grandfathered in, then the issue is on the them, no one else. They also had their opportunity during Trumps first term, but they blamed Covid. Bottom line, either they have it don't have it. Your debate is valid, but what happens to all other of LNG plays out there, current and pending with so much money involved.

[JAB65]

Good point. That counter must be total BS, 47,000 today I really don't think so. Unless that's left over from Friday. Like many have said it really doesn't matter does it?

[sissyjane1]

not trying to bash TGLO , just trying to rationalize some thoughts. If it takes 4 to 5 years to build ships for service and implement pipe line facilities for production, what would happen if we get another liberal Biden administration or worse
that will again quash or remove licenses for gas production, I have personally seen what Biden did to the oil industry , totally wiped out thousands of jobs in my state of Oklahoma. We will have elections for president before Delfin can execute their plans, just a thought don t know if it would or could interfere will Delfin plans ?

[Grouse Hunter]

Test. Test.  How many board reads do we have so far today? 

[thirdcoast]

A bump is a bump...all good pal.... thanks for posting

[Vitamin310]

Interestingly enough - I received a Google Alert from Kazzy's post mentioning TGLO & Delfin. 

What's a bit disheartening is that it's nearly 24 hours after the post was made. Only slightly frustrating that I'm now realizing how delayed these alerts can be

[dinogreeves]

I don't care for any of that, I am just waiting for magic to happen, then you and I sit someplace, some local favorite bar of yours we drink all night and pay the bill for everyone all night at the bar, open bar, open tab, like real men.

[JAB65]

I get it but somebody's watching lots of somebody's unless that ticker counter is inaccurate

[greg19440]

Thanks, so on 01/12/2018 it hit .338 high on almost 5 million shares... like I said 2018 highs were only low 30's but daily volumes were pretty impressive comparing to 2022 action. But, personally I can't wait to see what 2025 will bring us...

[dinogreeves]

Jab, it's us, it's secret lurkers desperate to find a little nugget, it's Talisman reading the thread to manipulate, desperate traders looking to flip on good news, in either case IHUB is not like it has any power to move the stock, breakout board is not meaningful in any way.

[JAB65]

Here you go. Share this with BRAPP for additional help with his insomnia!

https://www.nasdaq.com/market-activity/stocks/tglo/historical

[Brapp]

Jab its probably me. When I have insomnia I just click through old posts. Works every time.

[dinogreeves]

I am not sure, there was one legacy shareholder from way back in 2018, I posted his thread on this board not too long ago, I remember him posting the ask was at 50-60 cents at one point.

[JAB65]

So somebody please explain to me how tglo can consistently be on the most read list? 187,000 views in the last 24 hours and 67,000 views just today. Yet no activity whatsoever.

Who are these people other than ourselves? There must be interest. What the hell are they waiting for lift off where they can get all excited that they got shares at $5.

There is more valid information about this company for everyone to see than in most plays that you find in the swamp. There is no scamming going on yet people just can't bring themselves to pull the trigger on what is a pretty good bet. Far better than most in life!

People just aren't that intelligent are they? Oh well, their loss.

[greg19440]

From what I remember, in early 2018 it has hit only a low 30's for a short period but on the decent volume, comparing to that spike in 2022.

[dinogreeves]

There you have it.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=176106253