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.51 sweet, we on our way back through the top!
yes all otc - no T&S on TOS all day so far
'22 been rough h gen did me some major damage -
alongside the overall otc apocalypse...
some signs OTC coming back to life as well as the market overall is ready to pivot
looks like a great merger- seems it got pumped though as some co merging in w multi bill$ of revs- so all those folks were disappointed- im adding here
great merger! https://glidrail.com
80's this week or no 80's this week?
ah! ty
big bidder now and looks like last of the .30s getting snatched up
hoping the negative chatter means more are shorting this!
fuel to the fire when they are forced to cover.
once FERC grants extension, it seems obvious news will flow-
FID this year and have heard not a single serious argument how Delfin could remain private w a positive FID and big investment stakes from multiple parties
lol-perhaps- but given the extended quiet past many yrs, the unfolding developments towards positive FID by EOY and increased engagement by investors and traders of all types is all good, really good!
meh, RSI is passe, the kids have moved on to the KST indicator
maybe JAB is right and Delfin waiting for FERC extension before they announce more deals.
watching notational orders here nightly:
https://www.ferc.gov/news-events/events?tid=38
10q filed yesterday and tier change to pink current this morning!
indeed- makes supply tighter - greater urgency for new deals to get done and spotlight on delfin developments will be even brighter
China Halts LNG Sales to Foreign Buyers to Ensure Own Supply
State-owned importers had been reselling LNG to Europe
Sales had offered some relief to energy-starved buyers
https://www.bloomberg.com/news/articles/2022-10-17/china-halts-lng-sales-to-foreign-buyers-to-ensure-own-supply
what a strong stock indeed-
with next flow of major news and catalysts,
could very possibly achieve meme status-
if they complete the merge with no rs, will outdo them all!
.50s printing- micro float makes for a rollercoaster ride-
lil buying pressure will make the shorts sweat-
seeing on twitter there are actually folks shorting this!
not many shares went in the .30s and looks like we are heading back up w tiny buys-
huge buys came in in the .30s. ridiculous it retraced to here- but with a micro float it moves fast and easy, both ways-
it does give the many on the sidelines good opportunity and that's a good thing.
we know more and significant news will come.
approvals are in place and we are just waiting for routine extensions,
otherwise it seems doubtful centrica devon and vitol would have moved forward.
previously they had been confident of reaching positive FID for one boat this year, yet in recent interview the CEO expressed confidence in reaching positive FID for two boats this year!
to me at least, that tells me that a positive FID for at least one boat is a certainty.
I see no way they remain a private company so it also seems obvious they will use the public shell TGLO they have maintained current at some cost for years, and with one filing, could overnight make Delfin a public co.
Delfin owns over 70% of the commons and it is thought close associates likely own a good chunk of the rest of the float, which would make any sizable rs seem unlikely.
i agree w those projecting $5 to $20, it is well within the realm of possible here w a rm and no- or a small restructuring
crazy the way some people sell lol
too bad this has performed like a total pos- is it toxic debt holders just relentlessly dumping? i need to read filings closer.
but right space, good brand building- incredible potential-
but so far behaving like typical stink pink
incompetent is quite the understatement- total freakin criminal
https://www.poten.com/webinar-new-challenges-emerge-for-us-lng-projects-september-21/
On a recent webinar, Poten & Partners referenced Delfin Midstream as in discussions with Samsung Heavy Industries for an FLNG newbuilding and said the company has indicated that the capital expenditure per tonne of LNG from its project would be costed at around $600.
tglo even sees a 5m volume day, going to get crazy
Stars align for floating LNG but projects face tough challenges
Developers do battle for shipyard time as they race to get their projects over the line to cash in on heightened gas demand and record prices
6 October 2022 7:48 GMT UPDATED 6 October 2022 7:48 GMT
By Lucy Hine in London
Floating LNG production projects are seeing a surge in interest on the back of elevated gas prices and energy-hungry markets.
There are now seven commissioned FLNG units globally and contractors have outlined a further nine projects that are under development and are now pushing to move ahead at pace.
Eni moves to start FLNG exports as deadline looms for second unit
Read more
Engineering procurement and construction contractors with a focus on FLNG told TradeWinds that this sector is currently “extremely busy”.
Offers have just gone in from shortlisted yards and their topsides partners for a third FLNG unit for Petronas’ ZFLNG unit, which will have a minimum production capacity of two million tonnes per annum.
Both Italian energy company Eni and US major ExxonMobil are eyeing up FLNG units and vying for yard slots on newbuildings for projects off Mozambique. This is just as Eni moves to bring its first LNG floater — the 3.4-mtpa Coral-Sul FLNG (built 2021) — onstream off the east African nation with a first export cargo due this month.
Newly FLNG-focused Golar LNG said on its August results call that it was ready to move ahead with a speculative LNG carrier-to-FLNG unit conversion in advance of signing a firm contract, indicating that the company had a clear idea of which project this would go to.
The company — which one market player described as “the king of conversions” since its 2.2-mtpa FLNG unit Hilli Episeyo off Cameroon has proved the top global producer with over 5.5 million tonnes of LNG — said it plans to order long-lead items for its 3.5-mtpa capacity Mark II conversion this year to safeguard a 2025 delivery position for a unit.
New Fortress Energy plans to start up first FLNG unit by mid-2023
Read more
In the US, New Fortress Energy is also targeting conversions as a quick start-up for FLNG units but is using offshore rather than LNG assets linked together by bridging. The company has said it plans to bring its first “Fast LNG” unit onstream by mid-2023.
“Hats off to them if they can pull it off,” one contractor said in reference to New Fortress’ pioneering moves on FLNG. “It’s not easy. There will be challenges.”
Engineering procurement and construction hands said projects like Cedar LNG in Canada and Delphin Midstream’s multiple unit plan for the US Gulf are finally making progress on the financing and lining up LNG offtakers.
“If they can’t make the financing work at this time, then they will never do it,” one said, speaking about the burst of activity from developers. “Everybody knows that this is the window. And if they can’t do it for their project, then their dreams are all gone.”
Everybody knows that this is the window. And if they can't do it ... then their dreams are all gone
EPS hand
Contractors said midscale FLNG units of around 3.5 mtpa are currently the “workhorse” for the sector, with the bulk of projects for near-shore locations.
Golar LNG hedges forward FLNG production as European gas prices soar
Read more
They said developers are looking at a range of sizes from around 2 mtpa up to 5.5 mtpa on either a newbuilding or a converted vessel but on a modular, multiple train concept, as pioneered by Venture Global LNG for its onshore liquefaction facilities.
This enables projects to grow progressively and match their development with LNG sales and purchase agreements.
But FLNG units are often complex facilities to put into operation, both technically, commercially — and sometimes politically.
Witness Shell’s 3.6-mtpa Prelude LNG facility, which has just restarted after a string of serious technical issues and ensuing industrial action forced the energy major to shutdown the unit as the walkout was impacting the mooring of LNG carriers alongside the floater, disrupting exports.
Floating LNG production units like Eni’s soon-to-start up Coral-Sul FLNG, seen here being floated out in 2020, can take up large drydock space for lengthy periods of time. Photo: Eni
Newbuildings and conversions require large dry-dock space and can tie up this capacity for a lengthy period. This comes at a time when yards are fighting off LNG shipowners and project developers who are seeking slots for conventional vessels, while those looking to order FLNG units have been seen competing for the same berth space.
‘Scramble’ for gas prompts Golar LNG to ready speculative LNG carrier-to-FLNG build
Read more
Pricing can still prove tricky and while developers may argue that all the technologies being put together for LNG floaters are already proven, experience with units to date has shown that when assembled together operational problems have arisen and costs escalated.
On a recent webinar, Poten & Partners referenced Delfin Midstream as in discussions with Samsung Heavy Industries for an FLNG newbuilding and said the company has indicated that the capital expenditure per tonne of LNG from its project would be costed at around $600.
Golar, which has said it is focused on Africa for FLNG due to cheaper feedgas and more optimal geographic positioning for cargo deliveries, has quoted a similar figure of $500 to $600 per tonne for its conversion option, which the company would argue may have a quicker-to-market delivery time.
The company presented figures showing prices on existing and upcoming FLNG units, ranging upwards from this to almost $2,500 per tonne.
The development crush is generating some competition.
https://www.tradewindsnews.com/opinion/stars-align-for-floating-lng-but-projects-face-tough-challenges/2-1-1325375
level 2 theater- just one MM under .749
Delfin is the infrastructure! so if the admin is all for getting US LNG to Europe
they are all in behind the infrastructure to make that happen
ie: zero concerns about routine FERC extension
but yeah will take till at least 2026 for significant LNG volumes to be flowing for all the infrastructure on both ends reasons
quite the spread lol, mms have no shares
with Russian aggression and European energy crisis current admin is singing a very pro LNG tune- this was Blinken sec of state just the other day:
watching the google news for next Delfin contracts-
how many more to FID two boats?!
TheGlobe.com (TGLO) has a new key breakout point of $0.85 per share. In 2003 when TGLO broke through $0.85 per share it went to $2.57 per share within days.
https://inflation.us/content/tglo-key-breakout-point
weird manipulation today- nice to see closing back green-
maybe even back into the .80s
dollar magnet actified!
once we are in the .80s , the dollar level will be strong magnet
two boats! they have a lot more news to reveal $TGLO
BOOM!
.68 new high! here come the .70s
quick jump to dollarland from here!