Sunday, May 13, 2018 11:35:31 PM
THE STARTING GUN FOR DELFIN IS THE FID.
That is dependent on Delfin's consultations with Golar (April 2018), their continuing efforts to secure contracts (per recent and future conferences), close monitoring of economic & regulatory conditions, and competitor fortunes in the current geopolitical climate. As we have been closely following, liquid natural gas is registering a significantly improving outlook for global demand going forward over the next decade. All of these factors are being weighed by Delfin in putting together the FID for this major project. TGLO is one of those factors: the option to go public as a major source of funding. With two other companies recently doing so and prospering, that is definitely an attractive option.
There are lots of moving parts in any multibillion dollar project. I for one am willing to allow Delfin some months to link together all the pieces. At this point we know that they WILL go forward, and that they ARE positioning TGLO within their corporate structure.
THE STARTING GUN FOR TGLO IS MOST LIKELY DELFIN'S FID.
So the sky is not falling - we are just waiting on decisions that will change our fortunes significantly. Those not willing to wait should move on to the next shiny thing.
Recent TGLO News
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- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 04:16:21 PM
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