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senor_c

04/07/24 11:00 PM

#50237 RE: dinogreeves #50236

My opinion is that they will not RM prior to receiving the extension for a lot of the reasons stated here by others. There's too much at stake at this point. My opinion is that Devon or MOL will be a important piece to the FID or RM puzzle. I've got my theories. Devon is getting attention for their ongoing gas interest: https://www.theglobeandmail.com/investing/markets/stocks/DVN/pressreleases/25007591/wall-street-just-got-more-bullish-on-this-high-yield-energy-stock/.

Finally, as many have stated, it's not in their interest to RM before FID. No need to do a TELL if you don't have to, and Delfin does not have to do so. They have some big players backing them, and they will get even more money to come in once they FID and then RM. The RM will attract soooo much more attention with the legitimacy of making FID, with investors guaranteed and in place.

With all of the pieces lining up the way they are, I'm honestly shocked that we are still at .26. I've added 55k in the last two weeks for around .24. I'm going to keep picking some up along the way. Good luck to all!