TheGlobe.com Inc (TGLO)

[JAB65]

Nice snag!

My biggest takeaway was the following. The timeline to construct indicates that they are already late in commencing construction if they want to start delivering per their amended schedules. Timelines can change of course but they really do need to hit the ground running in short order.

Completion in the yard does not translate to immediate production in the field. Just be grateful it's not our DOD contracting the FLNG! He who hesitates is lost.....

$TGLO

based on Samsung Heavy Industries, the construction period for general commercial vessels is approximately 15 months, while FLNGs take approximately 32 months