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igotthemojo

05/23/24 2:27 AM

#59956 RE: Hoghead7 #59955

i think this is the third damn time they have put out this same exact pr...its a pilot project first of all...secondly its not gonna happen for 2 years...or longer...and thirdly, its dependent upon the Porthos project itself being finished on time...(like Rotterdam, the completion date is sometime in 2026) a project whose price has since tripled from orginal projections...a lot can change in 2 years...

but since this is being dragged out again as if it is "news", XOM must need to sell shares or needed it for a particular reason...i dont see how fcel will let the opportunity to dump shares go by...
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King James 1

05/23/24 6:59 AM

#59958 RE: Hoghead7 #59955

Revealing more of their intentions to be more than a refiner to sell petroleum products.In one of the sub articles Exxon says,

"Soon, the rig will move to other sites in the U.S. Gulf Coast, helping our Low Carbon Solutions business deliver on its mission to create a lower-emission future by helping our customers decarbonize their operations. These customers include CF Industries, the world’s largest manufacturer of ammonia, Linde, a maker of medical-grade oxygen and other industrial gases and Nucor, the largest U.S. steel producer."

CF, Linde, and Nucor just the beginning!
Interesting set of written material. Great find!
Things are shaping up today to push us over 0.95$. Over a dollar by tomorrow close? We'll see how strong a rally shorts can mount today. They have to be feeling the pressure.