Even Golden Pass (owned by Qatar & Exxon) is asking regulators for more time to finish their build, until 2029. That seems to be on par with Delfin and everyone else. And obviously Golden Pass is much further ahead in the process then Delfin, but they too (along it seems with every LNG company!!) has had setbacks. Exxon & Qatar have more $$ then god, so this just proves no matter how much $$ a company has, the regulatory nonsense can be devastating.
As Mr. C and JAB have eluded to, Delfin needs to take FID or a partial etc, now! They must start the ship build and give limited notice to Samsung to start, or they will lose their ship build spot. Time is running out, they have invested > $100MM and we all now they will get this project off the ground. Now just dealing with regulatory nonsense. It makes perfect sense to go public, raise equity and place some risk on shareholders.
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