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Re: Dallas-Cowboys post# 48629

Thursday, 01/04/2024 12:06:59 PM

Thursday, January 04, 2024 12:06:59 PM

Post# of 51695
Remember, Devon is an investor in Delfin, so they have an interest in its success. Maybe waiting for the market to cool or come in for a big 2.0 MTPA announcement at the last minute with FID news and hopefully reverse merger to make an extra big splash. Who knows, maybe not. Guess we’ll see, but they have more of a reason than any one of the buyers to see it do well. My understanding is oversupply and the spot market are holding a lot of these long-term deals up. Most of these companies probably see the deals with Delfin simply as a hedge. They’ve locked some of the biggest companies in the world though. Vitol makes over $500 billion a year