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Re: Mr B post# 1054

Monday, 01/10/2022 7:34:37 PM

Monday, January 10, 2022 7:34:37 PM

Post# of 2562
What makes you think Tellurian will get financing for Driftwood? So far they've just managed to push out each deadline all the while diluting their shares outstanding.

First it was the pursuit of an equity partner called Petronet LNG. Then they couldn't keep up their commitment to Total who pulled out resulting in CEO Meg getting fired. New team, more dilution, still no sign of financing. Mid-2021, they tried to change course and go for upstream assets acquisition and sign new SPAs. Meanwhile others started and some even finished their LNG export projects.

Highly doubtful TELL will be able to accomplish in 2022 what they couldn't for last 5 years.
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