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Word is spreading, slowly but surely. Nice .04+ spread! MM's have no shares, and when r/m filings drop, this will move so quick, you won't want to blink your eyes....
Each day we should continue to see a nice price increase! Word and news will travel further and further. We should now continue to see quick and fast updates as the projects near finalization...... No shares on level 2 and look how quick the mm's are scrambling... Exciting times ahead!
Preferred shares would make sense! Delfin, Vitol and any other investors will need to deflect and mitigate risks by having the company publicly traded. I do believe all the preferred shares were available to Delfin, so they have options on that equity side.
Exciting times forthcoming!
It's all finally coming to fruition. With Delfin being brownfield ready, I don't see any reason why they couldn't be producing LNG much sooner than their target date....
With as cautious and quiet as they have been, I wouldn't be surprised if after all the contract announcements they come out and say "great news, our pipelines are ready and we will immediately start production of exporting LNG".....
It's only a matter of time now. Let's go Freddie and team!
News release starting to make mainstream now!
https://www.offshore-energy.biz/delfin-and-vitol-sign-15-year-lng-sale-and-purchase-deal/
Uncle Teddy,
That’s huge!! We knew it was just a matter of time and that time is now. Contracts signed, more contracts and term sheets coming. FID this year, let’s go Freddie. Time to take Delfin public via r/m!!
Yup! Certainly not dead at all, and I still believe 1000% Delfin will get off the ground and go public. What the heck they are doing, and the reason for the hold up? Now that I have no clue.....
Hello Delfin. Please announce your off-take agreements. Next just signed a 20 yr deal. Everyone is announcing and you guys are still silent, even after 4+ years? Not a peep.... Please pleasantly surprise all of us, with what we have been waiting for.
https://finance.yahoo.com/news/nextdecade-signs-20-yr-lng-125832553.html
Nice to see. In addition to”getting out” speaking, perhaps they should finalize business. Go public, take fid and finally get their long awaited project to the finish line! Per the below from the website, any realized benefits from Delfin LNG can only be realized if these guys get moving.
Why is the U.S. LNG growing significantly? And what are the benefits of using Delfin LNG’s Floating LNG concept? Wouter Pastoor, COO, Delfin LNG
JAB - Thanks as always for the dd, and digging up the "old, but good news".
I suspected that whatever they need to complete/finalize on land, isn't that big of a deal, and can most likely be completed very quickly, if not done so already and we just don't know about it!
They must have contracts signed by this point, and are just waiting for the US Army Corp of Eng. to re-authorize their construction permit.
Perhaps then the Delfin lad's will speak and go public?
Great news JAB! Thanks for the update.
Let's hope by June 1st! (lol).... Another good article from yesterday:
https://www.naturalgasintel.com/lng-market-volatility-fueling-another-banner-year-for-long-term-contracts/
I love the comment:
"Henry Hub-linked contracts are expected to remain competitive in contrast, but prices could rise marginally. Tomen said U.S. companies could “attract premiums” for “more advanced projects” that can deliver LNG in 2025-2026, thanks to limited new capacity in the near future. Companies could also be expected to raise fees further due to “rising raw material, labor” and construction costs inflating the price tag of “delivering projects on the U.S. Gulf Coast.”
Delfin is THE most advanced project in the country in terms of FLNG. Brownfield ready (yes, for the past 4+ years)....
Yes sir. It’s certainly been a long time coming and now way overdue!! They will use the shell to go public. Need to raise capital and share some risk with public investors and Wall Street.
Nat Gas prices above $9! Delfin was to be that "low cost" LNG provider years ago, and I would the same today.
https://www.cnbc.com/2022/05/25/natural-gas-surges-above-9-to-highest-since-2008-on-low-inventories.html
Mr. Jones, Wouter, Dudley, Oscar wake up boys...... Shock and awe us all after waiting 4+ years to hear something (anything!) from you lads.
Well a gentlemen just answered that phone #. I said "hello, is this Delfin" he said "no sir".
One day JAB we will all wake up to the news we have waited for. Until then......... we can just watch everyone else announce deals.
PS - Wonder where "X" has been? So quiet lately, perhaps he is on the "Find Freddie" mission....
Thanks, but that tel # is not in service. Just tried it.....
At this point no!!! Would have been nice for them to be 1st, considering Freddie's been at the helm of Delfin since 2013!!!!
I would take a close 2nd, if we can wake his a@@ up and get him to the finish line.
Anyone have a phone # for Delfin?
Perhaps Delfin is next? Mr. Jones..earth to Mr. Jones.
https://finance.yahoo.com/news/venture-global-announces-final-investment-130500133.html
Someone please send the attached news article from today to Mr. Jones!
https://oilprice.com/Energy/Natural-Gas/US-LNG-Is-Quickly-Becoming-The-Worlds-Hottest-Commodity.html
Agreed. With the amount of time & money invested in TGLO, there is no denying their intentions to go Public! Let's not forget, Eagan didn't sell the shell to these guys, if they didn't have a plan, and provide him with assurances of such.
Smart buys! These stupid low prices and the walkdown on minimal vol from .26 is an utter joke. When the r/m filings drop, this will run so damn hard..... From .20 to $1+ easy peasy.
So.. 3MM+ shares are traded from .13ish to .27 during the past 4-5 weeks. Yet it took only 500,000 shares to walk it down to .11 during the past week or so. Can you say MM manipulation. Like anyone that bought in @.25 is selling @ .11?
Nothing has changed. We are all still waiting for Delfin to speak and go public.
https://www.nasdaq.com/market-activity/stocks/tglo/historical
Good question. I always ignore the "noise" and follow the facts and SEC filings.
Until the very end, I am convinced this is going to happen, it's just very frustrating how Freddie and the team have handled this situation for 4+ years now!
Well said JAB! One saving grace is it's not like Delfin has started the project and chosen to not reverse merge into TGLO.
These slow moving folks (hopefully nearing the finish line) should be ready to get the ball rolling soon... At least let's hope! Way too much time, money, people invested to not see Freddie's dream come to a reality. I just hope the exec team realizes each day that passes, is lost opportunity.
Poland signs deal w/Sempra. Come on Delfin, you had deals with Poland 5 years ago!!! Why do you insist on remaining so silent, and letting everyone else sign and announce all these LNG deals....
One of these days, I am sooo looking forward to seeing Delfin's name on these breaking LNG news reports.
https://www.reuters.com/business/energy/sempra-energy-strikes-lng-supply-deal-with-polish-oil-gas-2022-05-16/
More LNG deals being signed.... Mr. Jones, let's get Delfin going please.
https://finance.yahoo.com/news/venture-global-announces-lng-sales-101000995.html
JAB - Nice digging and some nice pics as well.
To your comment about re-purposing, I could be wrong, but I believe all they really need to do is reverse the flow of the LNG. Instead in bringing it onshore, they need to "push" it out to sea..... In theory, I would think that should be pretty easy, and perhaps is already done by now, as I remember seeing something a while back showing workers there on the pipeline. So I do think the flow has already been reversed and re-purposed.
The construction should be minimal, as I recall from some the recent (last year or earlier this year) construction permit details, which outlined the entire construction phase....
Senor - I believe the boats is the least of their worries! They have had contracts, and or prior bank debt financing for at the least the first two boats ( I think). All the FEED work and designing etc was completed a while ago.
Get the construction permits re-approved, and I think, we're off to the races!
God JAB! Bite your tongue. We all have been through enough.....Let's hope and pray the Army Corp is the last issue.....
They most definitely have signed agreements. I would love for them to get the Army Corp permit re-authorized, then fast track their project just like New Fortress (I believe).
If NF can fast track and produce in 12 months, Delfin could do it in 6 months or less!! They are brownfield ready, and have been that way (unfortunately) for 5+ years now!!
https://finance.yahoo.com/news/long-term-u-lng-deals-191229940.html
Someone please advise Mr. Jones of the current LNG market conditions. Again, I can't think of ANY reason for a holdup, exception the pending re-authorization construction permits by the Army Corp of Eng. Get that re-authorized and game on!
They must have contracts signed.... No way in heck they don't at this point. They were "weeks away from signing contracts" back in December!
And we would already be trading @ $10+!
https://www.kxan.com/news/political-news/energy-dept-oks-expanded-lng-exports-from-texas-louisiana/
US Army Corp of Engineers will most certainly re-authorize the construction permit for Delfin. Hopefully very soon...
Now .2578 x .2579. No shares on the ask, and this is going to explode...
Some dope probably put in a market sell, and they got taken to the cleaners! Shameful, and yes, people need to learn how to trade. The vol is very impressive, and we keep forming new bases to move onwards and upwards from!
Level II beyond thinned out! Eturd moved their fake small wall. Now .26 x .265 with no shares available.. It's coming folks.
60k ask just taken out in the blink of an eye. Vol now 234k shares and it's only 11:30am.... Bid creeping up, and TGLO is ready to take off!
151k shares traded in the first hr.... more accumulation and shares getting gobbled up into strong hands.... We have to be very very close....
Yes indeed! News must be forthcoming shortly.
Russia shuts off gas supply to Poland (see newslink). We saw this coming, and I do believe from years ago, Delfin already had an agreement lined up with Poland to supply gas.... Not like we need any more positive developments for Delfin, but this certainly helps the company.
https://www.cnn.com/2022/04/26/energy/poland-russia-gas/index.html