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trademax42

01/03/18 5:12 PM

#2837 RE: PENNIEStoSTACKS #2836

Yup buddy ....I can wait for that kind of returns! Meanwhile in any event, my instinct tells me this might trade in the dollar land not in too far distant time frame, imho.

We'll see!

So when done it will be worth $8,000,000,000 Divided by OS 441,484,838 = $18.12 ????



$TGLO$



PENNIEStoSTACKS

01/03/18 10:31 PM

#2854 RE: PENNIEStoSTACKS #2836

Last year the Korea Development Bank (KDB) agreed to a USD1.5 billion loan for the project, covering more than 70% of the estimated USD2.1 billion project.


https://fairplay.ihs.com/safety-regulation/article/4284151/usd2-1-billion-delfin-deepwater-port-gets-green-light

Delfin Midstream, developing the first floating facility to export U.S. natural gas, has sealed a memorandum of understanding for a 15-year sales deal with city gas distributor China Gas Holdings to supply 3 million tons a year of liquefied natural gas (LNG) from 2021. The $8 billion LNG project will be located 50 miles off the coast of Louisiana.


https://www.commerce.gov/sites/commerce.gov/files/department_of_commerce_u.s._-_china_business_exchange_ceo_delegation_companies_signings_and_additional_company_signings.pdf

For Immediate Release August 17, 2015 DELFIN LNG ANNOUNCES APPOINTMENT OF KAILASH SINGAL AS ENGINEERING DIRECTOR HOUSTON, TX – Delfin LNG announced the appointment of Kailash Singal as Project Engineering Director to develop its first floating liquefaction vessel (“FLNGV”). Mr. Singal was most recently a project technical manager on Cheniere Energy, Inc.’s (NASDAQ: LNG) Corpus Christi liquefaction facilities, and has over 20 years of experience developing liquefaction terminals in the US and around the world. Through this experience, he is very familiar with best practices ensuring construction of a best in class product. Mr. Singal will work closely with Delfin LNG’s partners to design and develop its first project, Port Delfin. His background and experience will bring critical expertise to the Delfin LNG engineering team. Mr. Singal remarked, “I am very excited to be joining the Delfin team. I believe this project is a high-quality project that is very well positioned for success. I look forward to delivering a safe, reliable, maintainable, and operable floating liquefaction vessel on or before schedule and within budget.” Frederick Jones, the CEO of Delfin LNG’s parent company, commented, “We are excited to have Mr. Singal on board, and we are proud of our ability to attract top-notch engineering talent. Not only does Kailash bring decades of relevant LNG expertise, but his most recent position with a competing project provides firsthand experience in developing a world-class liquefaction project in the Gulf region. We look forward to welcoming Kailash to our team.” About Delfin LNG LLC: Delfin LNG LLC (“Delfin”) is currently developing Port Delfin, a floating liquefaction and export facility to be located in the Gulf of Mexico. As planned, Port Delfin consists of onshore gas compression facilities and a deepwater port that uses existing pipeline infrastructure in the Gulf of Mexico to transport natural gas offshore to four moored floating liquefaction vessels. Delfin has submitted an application to MARAD and the USCG for authorization to construct, own, and operate a deepwater port capable of exporting up to 12.0 MMtpa of LNG. Further information is available at www.delfinlng.com. Media Contact: Dan Gagnier Sard Verbinnen & Co 212-687-8080