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Yes, enough said. Speaking of government, here's an overhead view of a new overpass here in Austin. It should have just been a standard four lane overpass with two lanes on each side. What they did was literally force everybody to cross over to the opposite side of bridge then cross back over to the other side. There's at least 3X the number of traffic signals needed to make it all "make sense" and you regularly see people get signals crossed and run red lights. It's madness.
What's weird is why somebody would leave a placeholder spot under C-3 and manually type out "omitted" instead of simply moving onto the next agenda item on the list and bumping C-4 up to C-3, C-5 up to C-4, and so on. If nothing will be discussed in that time slot then it just shouldn't exist as a time slot. I'm not saying it indicates anything one way or the other, it's just strange and probably not typical of how a clerical worker would do something unless they were specifically told to leave a vacant, placeholder spot open for a possible late addition. Who knows...
It makes sense to me that China returning to buy on the spot market would possibly signal a bottom for NG prices. That tightens up the supply and should put some steady upward pressure on the price going forward.
I wouldn't say they've ever "announced a delayed FID". What has happened is an article comes out with a quote from Dudley or Wouter with a general time of year they are expecting to make FID, like "by end of year". When those rough deadlines pass it's just more or less assumed the timeline is pushed back. There is very little definitive, quotable information that's come straight from the mouths of Delfin leadership regarding an exact timeframe for FID.
TLDR, good luck though
It's absolutely insane that this person thinks that having a CE from OTCM has any bearing on their ability or freedom to conduct normal business operations. The ONLY thing that's impacted by TXTM having the CE is their ability to raise capital through dilution. They simply cannot issue stock and have their securities actively traded. OTCM is a for profit, publicly traded corporation that operates a public exchange for companies that meet extremely simple and basic requirements. TXTM is not capable of meeting those requirements and it's not currently allowed to be traded on the OTC. In no way does that fact prevent the company from conducting its normal business anywhere in the world. I can't believe anybody needs this explained to them.
Well thank you very much for the kind words. I do my best to post relevant information, usually having to do with current news events that also correspond to Delfin interests. If not that then I'm hypothesizing r/m scenarios and trying to predict what's next like everybody else. I post online with the same motto that I live with in the real world, "I might be wrong, but I'm not lying". What I say is what I mean and I'm here to make a lot of money.
I have, I was thinking Buzz Margin (or whatever the authors name is) when I wrote that instead of Benzinga. Best Stocks is definitely new to me.
10,000:1?? Get real.
Interesting...
Random Delfin r/m talk on websites I've never heard of...
https://beststocks.com/title-delfin-midstreams-ambitious-plans-and-p/
"It is postulated that Delfin may be biding its time, waiting for the opportune moment to complete the merger, potentially when natural gas prices are trading at their lowest point. This strategic move could maximize the company’s potential gains and solidify its position in the market."
And you clearly are not educated in logical fallacies. You need to know what they are to claim people are using them.
More fallacy from you, it's all you have. You need to stop presupposing everybody's thoughts and arguments, it only serves to ruin your credibility and undermine your arguments. This is quite simple to understand, nobody here has seen anything you're talking about. Twitter is not an official source for legal, financial, and/or regulatory documents either. Between here and StockTwits there is not a single commenter that I've ever seen post a link to an actual, OFFICIAL source for this information. You also haven't shown where you're obtaining the distribution information to make your claims regarding that. Just show the info and people will stop saying that none of it exists.
Please show me and everybody else these licenses and permits. They should be available for download and viewing through S.A. govt agencies in some manner. I would sincerely appreciate it if you would provide the actual evidence of the existence of all these things. Also, can you detail this "mature" distribution network? Who are the importers, distributors, and retailers? Where can I go and find these products to see and hold in person? Thanks in advance for all this information you'll be providing or pointing us to.
For anybody out there still taking notes, this is a huge red flag. When people are telling you to go and search in secret places for non-public information to use as the basis for an investment thesis, just turn and run. No legitimate company operates like this. My guess is this "know where to look" place is just Twitter/Discord which is the main reason this ticker will never trade again with current management/ownership in place. Then to top it off, they jump into a strawman fallacy rant where they actually accuse others of a strawman fallacy in the middle of their own actual strawman fallacy.
Delfin mention: "Mitsui is invested across the U.S. natural gas supply chain. Earlier in the year, its U.S. exploration and production unit grew its Eagle Ford Shale footprint with an acquisition in the Hawkville field. It also holds interest in assets in the Marcellus Shale and the Gulf of Mexico. In June, Mitsui’s shipping unit finalized an agreement for a stake in Delfin Midstream Inc.’s 13.3 million metric ton/year LNG project in Louisiana. Mitsui is also an equity partner in both phases of Sempra Infrastructure’s Cameron LNG facility."
https://www.naturalgasintel.com/mitsui-eyes-growing-u-s-renewable-natural-gas-demand-from-lng-utilities-with-terreva-stake/
That's how I read it too and this Korean article appears to confirm that. That's some serious acceleration in the timeline. I know the articles continue to say the FID's for the FLNGV 1 and 2 are coming but I honestly feel like those have positive internal decisions and they are actually internally looking at FID's on 3 & 4. I would not be surprised if an FID for the ENTIRE Delfin LNG project is made this winter 23/24.
No problem, I expanded my Google alerts to all languages and you occasionally find some interesting stuff coming out of Asia that doesn't get published in the West.
Good read from WoodMac on the FLNG sector + Delfin mention....Just scroll down past the form that pops up, article is free underneath.
https://www.woodmac.com/news/opinion/floating-lng-back-in-vogue/
Sorry, I disagree. The worst thing any shareholder can ever go through is holding through a reverse split, doesn't matter what it's for. Just the act of doing it is a sign of inherent weakness within any company bc it's usually the last resort option to attain a certain price that the company couldn't reach organically. I'd much rather the new public corporation change their charter and increase the Authorized Shares to say 750M or 1B shares and just use the increase to raise funds when needed. The loss of one's ability to realize the level of percentage gains that originally enticed the investor to the stock is significantly more painful IMHO than holding shares through the raising of capital. The negative stigma around companies with large share counts on the big boards has also gone away. Some of the most valuable and recognizable companies in the world have massive share counts (Apple: 15.6B OS, AMZN: 10.3B OS, NVDA 2.5B OS). So I don't for one second believe that a RS is necessary for any reason whatsoever.
High of $21.74 on 2/27/17, then an epic profit taking dump on official news PR. This was also around the time that Souki was making his deal for the HUGE real estate loan with the 25M TELL shares as collateral. I believe that the window of time between the RM announcement and before it becomes official is going to be the period of time where the most wealth creation will occur for the early, longtime TGLO holders. Once DLFN, or whatever symbol they go with, exists and the share structure has been altered to the benefit of the public company then it will be time to start getting back in IMO. I believe that there are "unwritten rules" or some sort of "fair play" wink and nod when big deals like this are put together that allow for a small window of time for the Egan's of the world and legacy shareholders of these shells to cash out big for their patience and loyalty to the cause.
And if I'm not mistaken, the largest gains in TELL during their RM with MPET were AFTER the RM was officially announced to the public and BEFORE the deal was finalized and filed with the SEC. Once the deal was officially filed the stock sold off and has never recovered. I believe the same scenario could play out here.
Regardless of whether or not they do a RS this stock will trade in the open market post RM announcement with the current share structure intact for at least a few days. Thank God this isn't Canada or they'd completely halt the stock and trap holders for weeks until the final filings are submitted. Delfin will have to notify shareholders of the split in advance and the OTC doesn't halt for pending news or material events. You guys can do what you want but if they RS years ahead of actually producing a single ton of LNG, this thing will bleed back down like every single other stock that does a RS for whatever reason. Fine by me though, sell on the run up to RM then buy my shares back in 3+ years from all the new investors I sold to who will eventually realize nobody at Delfin talks and they'll jump ship. That will knock the price back down and we can do this all over again. This is a snippet from an email our pals at the NIA sent out last year. I tend to think they are correct about the share structure remaining as is for a period of time post RM announcement.
I think we can leverage our relationship with MOL to secure this investment and SPA with GAIL. I'll admit that 50% of me specifically wanting this deal to happen is due to my growing desire to watch TELL/Driftwood finally crash and burn.
https://m.timesofindia.com/business/india-business/gail-eyes-stake-in-us-lng-projects/articleshow/102996386.cms?from=mdr
People have to stop engaging with this clown. 1) He's the first one to become a clear and admitted roadblock when new voices show up on the board 2) He's the only one here that actively trashes people for posting DD directly from the corporate presentation. 3) He's the only person here that actively trashes people for reaching out to well known LNG journalists who write about Delfin. 4) He intentionally contradicts himself in his irrational rants to cause confusion, frustration, and stress to admittedly manipulate people into selling. 5) He's the only person here who calls EVERYBODY who really likes Delfin Midstream a shill. It's time people wake up and realize that he's either A) not who he says he is and should be ignored, or B) is a nobody who is orders of magnitude more miserable than Eeyore and should be ignored.
Dude, you're EXTREMELY weird. What point you think you're serving by attacking me for extrapolating and adding the pertinent info from the corporate presentation mentioned in the PR is beyond me. It hints towards something you should probably have a doctor or loved one monitor and look more into probably. Then you go on about the need for me to invent true information about Delfin that isn't found from another source like it's something you've ever even done yourself?!?! ALL the information about Delfin comes from other sources outside of our own minds you imbecile. All your years of repeated rants about the float and whatever other nonsense ALL originates from information YOU FOUND SOMEWHERE ELSE ONLINE. Do you even know where you are anymore?
Sad post? Seriously dude, GFY. The PR literally mentions advancing other NA projects and they have information in their presentation precisely about this, which I took a screenshot of and posted here. The actual sad thing is that people here have to even deal with you on any level. You're the irrational, illogical blowhard you claim everybody else is. It's called projection.
On another note, I saw a guy earlier on StockTwits post a screenshot of a Robinhood account with 65 Aug 25th $440 NVDA Puts with a Cost Basis of $65k...what a mistake.
For anybody not familiar with the other projects that Delfin Midstream is talking about, I highly suggest you go and read the current corporate presentation on the Delfin website. Here is a screenshot of the projects from the presentation but there's more information available in that presentation than you ever thought you could know about Delfin and what they've done + plan to do. Avocet LNG/Mexico LNG/South Texas LNG seem to be the obvious choices, in that order, for expansion beyond Delfin LNG.
What I do think Chinese companies are looking for is to be able to exert as much control as humanly possible on the commodities they buy and sell. Traditional, land based LNG processing facilities offer no specific areas that an entity could, in theory, sequester and invest in apart from the rest of the project. Delfin LNG and the FLNGV model now allow entities to do exactly that. With Delfin LNG, a group of Chinese energy providers could come together and agree to make a strategic investment in the FLNGV construction with Wison and then sign SPA's to secure the LNG from those vessels. Nobody else can offer that kind of model and control that I'm aware of.
Correct, but they do still actually NEED the pricing and sign off to technically check that box to make a full FID. We obviously have zero idea if that info is or is not in hand or if it's even ever been an issue for either party at any point. It's all just talking at this point amongst a small group of little guys trying to gauge how big of a room in our new homes we are going to need to store our mountains of cash. We know at this point the project is pretty much going to happen, it's just the when and more importantly, the how.