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You may be right but I haven’t seen any publications referencing Delfin reverse merging into TGLO except for the original articles in December of 2017. No reference of Delfin and TGLO in the same sentence except for NIA articles.
To be an effective investor you have to be able to see all sides of the investment and not just the rah rah and keep your head out of the sand
Don’t get me wrong I’m all about Delfin and TGLO going to RM I wouldn’t be here for 5 plus years if I didn’t, the point is to the poster it is a gamble and not a sure thing. Cayo is not the only gambler here he is the only Mexican Gambler (that I know of).
I see no reason why it wouldn’t be funded.
I think by definition a penny stock is a gamble and TGLO is no different. All data leans towards a FID not a RM. We just all hope the RM is part of the process but not a guarantee.
I would venture to say if their listening their thinking why in world would we make those misfits rich
The recording will be on their investors section of the website, at least pre-market is positive
No I didn’t get a chance to hear call
You wouldn’t know it from the share price
Yes I know things are really aligned this time around, I can remember last year it was the lack of natural gas due to Russia/Ukraine time to pounce. It always seems like something but not this time all is well.
Just because Delfin gets FERC approval doesn’t mean it does FID that has been proven
I’m not worried about FERC I’m worried about Delfin FID
Hopefully everything is formality and just takes time to work through for FERC decision. I guess what worries me is Delfin is asking for 3 year extension. Now that takes any sense of urgency for FID away. Let’s face it Vitol was signed July last year, Devon’s HOA September of last year hopefully to be formalized soon. Is Vitol’s contract terms still valid a year later no FID. Not trying to be negative here but Delfin seems to have a track record for not committing to FID for whatever ever reason. Go Delfin/TGLO
825 I think I accidentally lost that many
The link didn’t transfer
No way all those painful posts and only 825 shares. If so I wished you hadn’t told us that
Jab didn’t they have to have new business (complaints) to file last year? I would think the same this time around.
MOL’s representative hasn’t shown up on Delfin’s BOD yet.
Fitch downgrading the US debt doesn’t help things
I know what you mean this article was lower on same page it’s been posted before. Something to read in case someone missed it.
Delfin Midstream, the US developer of a floating LNG export project in the Gulf of Mexico, expects to take a final investment decision on its first floating LNG producer in October this year.
Earlier this year, Delfin said in its March corporate presentation that it expected that technical, commercial, and financing workstreams for the first FLNG were “on track” for an FID in the second quarter.
Delfin plans to install up to four self-propelled FLNG vessels that could produce up to 13.3 mtpa of LNG or 1.7 billion cubic feet per day of natural gas as part of its Delfin LNG project.
The firm also aims to install two FLNG units under the Avocet LNG project.
$18 billion
Delfin has been quite busy this year and it recently sealed a supply deal with UK-based Cetnrica worth about $8 billion.
Prior to that, the firm secured an investment from Japan’s shipping giant MOL and previously signed supply deals with Hartree Partners and Vitol.
In addition to these agreements, Delfin LNG entered into a heads of agreement in September last year with US oil and gas producer Devon Energy for long-term liquefaction capacity, but also a pre-financial investment decision strategic investment.
According to a filling with FERC dated July 21, Delfin’s unit Delfin LNG expects to execute “very soon” a binding LNG offtake agreement with Devon as part of the larger agreement announced in September.
The deal is for 1 mtpa of LNG.
Taken together, all these four LNG offtake agreements will provide revenue to Delfin LNG of about $18 billion over their contract terms, the firm told FERC.
Extension
Last year, the US FERC granted a one-year extension of time, to September 28, 2023, to Delfin to construct and make available for service the LNG project’s onshore facilities.
Now Delfin is asking FERC to extend that for another four years by September 28, 2027.
Delfin said that the offtake contracts already executed “amply support” FID for its first floating LNG producer.
Based on additional ongoing negotiations, Delfin expects that the FID for its second FLNG will follow “soon” after the first.
Delfin expects to announce “very soon” its agreement with major infrastructure investors to provide the needed equity for its first two FLNGVs and has begun discussions with a consortium of banks (led by Delfin’s financial advisor Citigroup) to provide the project debt financing, it said.
Furthermore, Delfin LNG has not only completed the FFED for the FLNG construction with South Korea’s Samsung Heavy Industries and US engineer Black & Veatch, but also has negotiated a binding engineering, construction and procurement contract with those counterparts that is expected to be executed by September this year, the firm said.
Delfin has been in active discussions with MARAD and the US Coast Guard concerning satisfaction of the conditions of the MARAD ROD and expects the issuance of its final deepwater port license “soon” as well.
“Given all this significant progress, Delfin LNG is confident that it is nearing FID on its first FLNGV and expects the FID to occur this October,” it said.
“Accordingly, Delfin LNG respectfully urges the Commission to act on this request expeditiously and to grant the requested extension prior to the current condition deadline of September 28, 2023, to facilitate the expected FID in October,” the firm said.
Yeah I have shares in IRA around $81 few years back rode it down and back up finally in the green
With Microsoft, Alphabet and Amazon increasing their data center spending should bold well for Nvidia. Intel’s data center business down due to AI spending (they don’t have solution). Will be curious to see AMD’s results in data center, I would guess it will be down.
BTIG upgrade Friday
“The Trade Desk stock rises after BTIG upgrades on improving fundamental setup
The Trade Desk's (NASDAQ:TTD) stock rose more than 5% on Friday after BTIG upgraded the shares to Buy from Neutral with a $103 price target as the analysts see an improving fundamental setup which may lead to stronger results this year, and faster growth with margin improvement in future periods.
BTIG analysts noted that they started coverage of Trade Desk earlier this year with a favorable view of their position in the market, but were worried that consensus expectations for 2023 could be too aggressive in a recovering and otherwise low-visibility ad market.
However, since then, the analysts said that their view of the fundamental setup has reverse completely. Checks have suggests the programmatic market growing at a pace of 20% to 25% per year, due to sustained shifts of advertising dollars toward lower funnel digital formats, and a higher proportion of that digital ad spend ex-search/social being automated.
The analysts added that since The Trade Desk already has a strong foothold in the connected TV and Retail Media segments of that programmatic market, and feedback indicate their platform is becoming an increasingly attractive alternative to DV360, they view room for the company to meet or surpass the high end of that market growth range.
In addition, the analysts noted that valuation is tricky with Trade Desk, and they chose to evaluate the business with a shorthand discounted cash flow, excluding the benefit of executive stock-based compensation packages. That system of evaluation, in the analysts' view, gives them credit for the stickiness of client relationships, competitive advantages, and room to maintain healthy rates of growth through programmatic market expansion or additional down-market client base expansion (most likely helped by Kokai/AI).”
We weathered the bleed off the Nasdaq 100 repositioning. Earnings August 9th should be run up to it if market stays good
Meta google Roku all had good ad sales so TTD should kick butt
You know Grouse I don’t like using the ignore button personally but the next arrow works perfectly.
Remember Delfin urged the commission last year to expedite their decision which was in November. Delfin has a lot more powder this time but I doubt they care. Doesn’t matter October, November Delfin is loading the bases, it is the best it has ever been in 5 plus years.
Hey North not a member can you cut and paste thx
Just to play devils advocate here what would drive the FERC to do any favors for Delfin. They could be thinking you came here last year with guns a blazing. What are you stupid you just like going through pain or what. It’s not like they are Exxon. This is a federal agency where coffee drinkers are abound. I’m just jabbing you of course they’ll get it, I remember last year after they got it I said to myself, there’s no way they’re going through that again.
It is very positive news and will probably pull Dave79 and Senor out of the woodwork.
As it was last year but still didn’t come until November (if memory serves me) and as last year Delfin will not FID until FERC rules. Wait they didn’t FID even after they got it.
Remember a month or so ago one of the articles mentioned October FID and the others quoted 2Q. I guess they new Delfin had to go through FERC again. Let’s hope they don’t know about the boy that cried wolf.
They asked the same thing last year and probably year before can’t remember it will be November/December book it Dano
Well that’s the nail in the coffin for end of year FID at best.
Don’t even mention that name around Jab :)
Nice…… those fans are the worst!!
Hey Chen if you think I’m insulting people I don’t want that need to bite my upper lip more often NP case closed
Remove the batteries from the energizer bunny
This just in Delfin is using its breakthrough in AI with the FERC. Delfin’s new form advances the date one year in required fields once the send button is used. However it is not determined if the FERC has enough GPU’s to handle Delfin’s LLM. If not they will have a hard time expediting it through the Sunshine Meeting. Source: Mr. Relevant
August 23rd is earnings hopefully they beat earnings, you don’t say 11 billion and just meet it. Next Q guidance will also be key but Colette is Queen at that, FOMO will take over