Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
They've already given MARAD everything concerning the technical changes. MARAD has ALL the details about the mooring and cooling system changes.
It's clear to me that there's a certain amount of technical grey area and "overlooking" of the rules and procedures to accommodate large, capital intensive energy infrastructure projects like Delfin's. There has to be. It's obviously not feasible to require these companies to refile applications every single time there's a material change to some aspect of the project. That's what the semi annual update filings and active "back channels" are for. MARAD is up to date on everything Delfin, guaranteed. Delfin called out MARAD in the extension request, plus the letter from the Senators put the ego of men on center stage and caused MARAD to no longer "overlook" these technicalities. They're now treating Delfin like a toddler that embarrassed mom at the grocery store by enforcing every painstaking rule and procedure down to the letter. Honestly, we need some kind of arbitration to take the matter to an impartial third party.
But it's the birthright and duty of Americans to call out and hold to account the laziness and corruption of our own government. To say that Delfin should have expected to have their future and economic livelihood taken from them because they dare question blatant corruption is exactly why agencies like MARAD and DOE act like dictators. They are literal servants tasked with simple regulation and have been instructed by the Supreme Court to lean in favor of projects that are clearly in the public interest. The last line is obviously sarcastic and such a veiled taunt that there's no other path forward IMO but to sue them. Our ancestors killed people over things like this, and we will celebrate it today.
Exactly. They know bc they've been getting ALL the private financial documents PLUS all the documents about the changes to the mooring and cooling systems. None of this is new stuff to MARAD.
Who knows, maybe the float is so tight Delfin/Talisman is asking the govt to scare us out of our shares at all costs.
The entire point of this is to destroy the contracts that Delfin has and force Centrica and Co to go to Qatari LNG projects (imo). Delfin has jumped through every hoop placed before them and now MARAD continues to move the goal posts and claim Delfin has essentially done nothing in seven years. If you've read the documents submitted to the DOE, MARAD has been claiming to not be able to issue the license because they haven't heard back from the NMFS (National Marine Fisheries Service) on their consultation request for the Delfin deepwater port. Now they claim the project isn't even the same one that Delfin has been literally sitting across the table from MARAD describing for almost a decade. Of course the names on the redacted financial filings have changed, they always do. The fact MARAD now says they must be retyped and amended like they don't know the names already is ridiculous. To say that also means they now have to go through the whole EA again means a major lawsuit is coming. MARAD has proven they will NOT move unless compelled to do so by the court.
I think it's quite obvious that Delfin will NOT be resubmitting and starting the process over again. I suspect the next official communication from the company will be the announcement of a lawsuit filed against MARAD.
Let us know when you're selling bc Delfin has already stated it's 9 months or bust fur the project sooo.....
I completely agree with this analysis and forecast of the situation. I believe a part of the regulatory hold up possibly centers around the fact that those in positions to know and see the private Delfin documents being submitted to FERC and DOE are wanting a piece of the action before giving Delfin their final approval. Delfin has the potential to be the NEXT and LAST LNG giant from the USA. I see a shift in technology over the next 10-30 years to FLNG technology since it's drastically cheaper and can be physically moved once projects are decommissioned. Delfin is in a position to lock down the GOM region with 6 planned vessels. The Gulf pipeline infrastructure can obviously support way more than 6 if they want to keep expanding up and down the coastline. And as much as I know it's a total scam, I do believe carbon credits will come into play in a major way with LNG projects that have a smaller carbon footprint and can produce "cleaner" LNG than a competitor.
I just don't write with all the fluff, pleasantries, and passive aggressive stuff. I literally meant if you pay attention to the sector and what these other companies routinely get involved in then you'd think Delfin's integrity is squeaky clean. We're all good though.
I'm not responding to you in any kind of way other than just telling you what the letter writing is for, and that I don't believe integrity is an issue with Delfin considering how clearly corrupt the entire sector is. Perhaps if you had heard my words instead of read them it would have sounded different. Not looking to start anything with you.
The "letter" writing is what puts public matters on the public record for all to see. Conversations can be had through email, over the phone, or in person, but the written form is still considered to be the official form and the established method of recording history. So yes, really, a letter. As far as integrity is concerned, if you have been paying attention to the shenanigans from the likes of Venture Global, Vitol, Gunvor, or Tellurian, Delfin is about as clean as it gets in the LNG world. We also are not given the private financial documents that FERC and DOE are privy to and can only make assumptions based on the limited, unredacted information we get. Delfin has stated that they are working on their third vessel and I take them at their word. That means the interest is there, the money is there, and the potential reward for TGLO holders remains massive.
If Delfin is "going nowhere" it's by no fault of their own. They've gone above and beyond and have even given more than has been asked of them. MARAD has intentionally (and illegally imo) ignored their duties. For what reasons, only the person(s) involved know. Big money is backing Delfin and they're not ashamed to say it or back away from it. I'd bet money nobody involved with Delfin contacted anybody in the US govt. These Senators are simply using the only project up for an extension this year as a means to pick a political fight to further their ends (and hopefully Delfin's along the way). I like the attention this is bringing to MARAD as nothing the DOE says matters one bit without the DWP license.
She is saying that relationships and contracts that have already been established are not going to be impacted. Allies can still purchase LNG from approved export projects/facilities in the United States, like Delfin LNG.
I don't think you're reading that quote correctly.
The last three paragraphs are great, including calling out the ridiculous BS coming out of the MARAD/CG office. Very, VERY bullish....Just wait until some "name" decides to read a Form 13D filing and discovers the Delfin/TGLO connection. Game over for those on the sidelines waiting to buy.
Delfin has a very strong case that it has met both criteria for an extension per DOE’s policy. Construction of the project has already begun, and there were extenuating circumstances beyond Delfin’s control that caused significant delays in the export date, including MARAD’s failure to follow the deadlines in the Deepwater Port Act and new NEPA requirements in the Fiscal Responsibility Act. However, should DOE conclude that the start-of-construction criteria has not been met, Delfin requests a conditional extension that allows Delfin nine months to make Final Investment Decision on the project. This conditional extension should alleviate any remaining DOE concerns about the project proving real progress towards actual export capability thereby reducing and helping to eliminate “LNG export authorization overhang.”
Delfin’s project is also critical to the natural gas needs of our allies. Delfin has already secured long-term contracts with five LNG off-takers for a total revenue stream of $19 billion. Delfin’s single largest customer is Centrica LNG, whose parent company is the largest energy supplier in the United Kingdom. Over 15 years, Centrica LNG committed to purchase one million tonnes per annum of LNG.
By granting this extension and allowing proven and newly deployed technologies the time to fully mature, DOE will both foster innovative FLNG technology and prevent stranded assets. We look forward to your action on this request as soon as possible.
No problem man. It looks real bc I edited the HTML code on my TD Ameritrade brokerage page to show whatever I typed. This doesn't change what's actually in the account, just the text displayed on a computer screen. This is why you never allow Indian tech support to take over your screen on a service call. Editing the HTML code is 100% of Indian call center scamming.
It's an edited screenshot. I did it awhile back to prove that screenshots of positions or "profit porn" can be easily manipulated to fool people. I wish I had 10,000,000 shares.
Haha
We should also keep in mind that, according to my research, initiating a corporate action such a r/m will allow Delfin to essentially rewrite the TGLO corporate charter. My price target is strictly based on a period of time between the r/m announcement and the date that the new corporate entity and share structure are announced (which could be anywhere from a couple of days to a couple of months). This is not taking into account FOMO or any issues surrounding FTD's (Failures to Deliver) or other things you see from an extremely tightly held stock experiencing a parabolic increase in demand.
I recently received an email from Schwab informing me that the trade settlement time was decreasing from a T+2 timeframe to a T+1 timeframe. This could be a HUGE benefit to a low float, tightly held stock like TGLO during a time period of parabolic interest in its shares. If you don't know, market makers are permitted to execute trades in order to maintain an efficient market, even if they do not actually know where to obtain the shares for the trades they are executing. This is where the two days after the trade (T+2) came into play. It gave them 2 business days after the trade to locate the shares and deliver them to their proper destination. Failure to do so results in a Failure To Deliver and can draw huge attention to a stock. It's going to be important for longs to really hold on to their shares, only sell on the ask, and DO NOT EVER place long-term, high dollar difference GTC orders for a large amount of TGLO shares. High frequency trading "black boxes" look for GTC orders to endlessly short stocks by buying and selling the position over and over again ahead of the market. GTC does NOT prevent shares from being shorted, it actually plants a giant red flag on the shares practically asking them to be loaned out and shorted. Hang onto them tight and I recommend selling small blocks on a steady drip on the ask. Make buyers push the price up, don't get cheap and dump large chunks into the bid.
Yeah, we all need to move on with life.
I actually don't believe most people are divided like what the liars on the Black Mirror say. Most of the time people are just repeating the nonsense they heard that day from the Black Mirror. There definitely won't be a hot civil war with guns and violence though. Too much of the younger generation isn't capable of understanding the level of violence required to build a nation firmly on sound morals and justice. The coming civil war will be digital and it will be around the "new economy". It's my opinion that as AI and robotics advance more into everyday life, the need for labor will start to disappear. At that point there will need to be a fundamental switch in value systems to determine income and social status. With the CBDC and UBI obviously coming our way, you can start to see that compliance to rules will replace labor in the value system. If your income is automatic every month and not based on labor, nobody will go to work. People will be given digital money based on a social credit score that indicates their overall adherence to the rules being told to them by the Black Mirror. These ideas are well over 100 years old too. It's called Technocracy and it's the idea of a future electronic age where humans are digitally tethered to a wallet that controls their actions. It's basically the reverse engineered endgame of Central Banking. Unpayable dollar debt that funds the digital prison that replaces it.
I honestly don't know why we are trying so hard to keep these people from killing themselves. They literally want to fight you over the right to kill an innocent baby yet think we should stop the world to feed a homeless drug addict. They'll call bacteria on Mars "life", but a fetus is just garbage cells that are a minor inconvenience to be dumped in a bucket for $500 on a Tuesday afternoon. They want abortion, euthanasia, gender destruction, and total death to the ancient idea of "family". Just get out of their way and let them abort themselves into extinction. This is why I keep saying stop caring about everybody else in the world and just focus on yourself and your family. If you make sure your family survives the hard times ahead they will inherent the future.
This board today is actually proof of why nothing will change for the better until we have a low enough voter turnout to just completely get rid of voting and this country. This nation needs to be disbanded and allowed to go through a season of mergers and acquisitions. Texas should invite New Mexico, Oklahoma, Arkansas, and Louisiana to join them in forming the new energy mecca of the West and leave the rest of you heathens to eat our scraps. Voting today is nothing more than giving consent to be ruled by liars. Your votes aren't counted by the old lady down the road anymore. It's already been admitted what the computerized voting machines are capable of, and do. If you trust that you're super stupid. Sorry, not sorry.
Haha, I read this comment as total sarcastic comedy.
No thanks needed. Seriously. I'm just doing this to help bring about clarity and good DD for those lucky enough (IMO) to find TGLO pre-RM.
I agree about its significance. In a common sense based reality this should, in theory, signal the all clear for MARAD to give Delfin their final approval as this oil export terminal off the Texas coast could very well have been the legal battle holding back Delfin's license. It's not uncommon for one court case to shutdown approvals for similar cases as issues could arise depending on the court's decision. Delfin clearly can claim and prove their projects “benefit employment, economic growth and domestic energy infrastructure resilience". With Gunvor and Vitol on board there should be no issue greasing any skids if someone at MARAD or DOE needs a little taste. I'm hoping it was simply a blanket hold on all issues in the Gulf until this case was resolved, but you'd think Delfin would have been alerted to that being the issue. Who knows....
What are you talking about?
Anybody else see this...https://www.msn.com/en-us/money/other/biden-admin-approves-deepwater-oil-export-terminal-off-texas-gulf-coast/ar-BB1ll40w The Maritime Administration Agency (MARAD), which is part of the Department of Transportation, determined in 2022 that the construction and operation of the terminal for exporting excess domestically produced crude oil was in the national interest because it would “benefit employment, economic growth and domestic energy infrastructure resilience.
Then there's this....https://www.eenews.net/articles/court-backs-biden-nepa-ruling-for-texas-oil-terminal/
I guess it would depend on who is buying and how much. I can practically guarantee that there's some big money from somewhere that's on Delfin's periphery that owns a position. Probably a few 4.99% accounts out there to keep from reporting. From the corporate side, if TGLO wanted to buy shares they would announce a share buyback. That would cancel the shares from the OS. Delfin likely wouldn't make a peep until it's go time and the Super 8K is out. But yes, as a large shareholder they'd report a purchase to the SEC. I remember people talking about Talisman being registered as a certain type of entity that's exempt from reporting ownership though so you never know.
This made me seriously laugh out loud....the demoralization in the announcer's voice. Off topic, but had to post...https://www.mlb.com/video/coby-mayo-rips-a-solo-home-run-106-6-mph-off-the-bat?affiliateId=mlbapp-android_video-share