LOL I have no idea what I was talking about. That feels like an old post, but thanks for digging it up. I still firmly believe that TGLO will be used for the parent company (Delfin Midstream) to go public and fund the management operations of the private LLC subsidiaries (still assets!) that will be the vessels. My hope is that they will fund the project developments (Delfin LNG vessels) mostly through private investments and banks (Citi and investments already given by Vitol, MOL, Hartree, Pyletech, and Devon. I'm not just talking supply contracts). TELL tried to walk that line but they ultimately needed to use shares to fund significant aspects of their development and that gave them no leverage when negotiating contracts as they had already started development. It feels like to me based on what Delfin has shared that they are trying to avoid that model. Delfin Midstream (the parent) will need to go public to fund their management teams for the projects, etc. Also to give management sweet stock packages. :)
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