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TheGlobe com Inc (PK)

TheGlobe com Inc (PK) (TGLO)

0.26
0.0176
(7.26%)
Closed February 29 04:00PM

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TGLO News

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TGLO Discussion

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Mr. C Mr. C 12 minutes ago
Haha doubtful. This thing seems to have a mind of its own sometimes, but I could be wrong too. Just gotta wait and see I guess. If they get the permit cleared I’ll feel a lot better, but would still bet on later versus sooner for FID
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Mr. C Mr. C 15 minutes ago
I wouldn’t say it’s a magic bullet to FID. It gets them closer by 1 ship if Devon exercises all 2.0 MTPA, but it probably won’t even get them to 3 ships if Devon does that.

Until some deals happen I wouldn’t bet on 4 months to lock down all 4 ships at this point. I’ll worry about the NFTA permit first though.

XL is wrong and it’s a real obstacle until it’s cleared. One more day in the month if the 90-day app deadline is correct information
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wiwineguy wiwineguy 1 hour ago
Also bored and just being silly. Happens to me too
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dinogreeves dinogreeves 1 hour ago
Never thought you could be a downer, but we can agree to disagree on some of things you say or have said, but I will point this on this press release issued by Devon. If Delfin seals this deal with Devon, this is the magic bullet for the FID. Also read the last part. Money and motivation trumps everything. A lot can be accomplished between 4-5 months as far as contracts are concerned.

"As a modular project requiring only 2.0 to 2.5 MTPA of long-term contracts to begin construction, and with all necessary permits in hand, Delfin is on schedule to make FID on its first Floating LNG vessel by the end of this year."

So based on that quote on this press release was issued back on September 2022. Why didn't they secure this deal since then and why no FID since then and how is it that Delfin has all the necessary permits like XL is alluding to. Someone is lying and definitely not anyone from this board. After all, it maybe all about the legacy shareholders. Maybe it's all about more control than 71%.



https://www.devonenergy.com/news/2022/Delfin-Midstream-and-Devon-Energy-Enter-into-LNG-Export-Partnership
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chen1992 chen1992 2 hours ago
Mr. C your comment just caused this stock to drop 20% tomorrow. Thank you!
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Mr. C Mr. C 4 hours ago
No they’re not and the company confirmed this indirectly in their email to JAB regarding that question
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Xl175 Xl175 4 hours ago
The new “Article” is probably just half truth garbage. Shouldn’t believe everything you read especially if they are trying to sell it to you. Delfin IS fully permitted/licensed no extension needed.

I look forward to hearing what Delfin has to report end of March.
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Uncleteddy Uncleteddy 4 hours ago
Per the article if the US doesn’t extend their permit they will pivot to Mexico and Canada


Haberberger added that Delfin continues to scout other floating opportunities, including sites in South Texas, Mexico, and Canada
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Mr. C Mr. C 4 hours ago
Meh, not to be a downer, but if they delay FID again then I don’t see them closing all 4 ships by July unless the contracts pick up pace.

Barely have enough for two ships now, but see what happens to deal flow if they get their permit renewed while everyone else is stuck.

It’s likely if they do go for four ships that the timeframe will get pushed back again after the permit is secured because July isn’t that far off.

Not the first time the company or third-party has given an FID timeline that was missed.

If they get the permit though then it gives them some breathing room. I just wouldn’t get my hopes up for four ships by July
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Brapp Brapp 4 hours ago
Sorry, Ihub has been acting real funny for me all day
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Xunefox Xunefox 4 hours ago
Agreed, i am in favour of this plan.
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dinogreeves dinogreeves 5 hours ago
FID on all four ships mid year and they have plenty of time to secure more contracts within that timeframe, now lets get on with DOE and construction to start by mid year too. FID, Construction and merger, all in one deal by end of June, then this opens way North of $4.00. Delfin has my blessings if they are going for all in one deal.
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wiwineguy wiwineguy 5 hours ago
The problem with socialism is that you eventually run out of other people's money.
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wiwineguy wiwineguy 5 hours ago
I agree. Based on the number of your posts, they must have 3 avenues.
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Brapp Brapp 6 hours ago
They have plenty of avenues to spin their project if they choose.
They are midstream company, meaning they aren't destroying Nana's farm to frack LNG, nor are they the final retailer for natural gas.
The project is comparatively small (compared to say Lake Charles which was asking for 17 MTPA) and more environmentally responsible than existing projects. Delfin could a pilot program for a better way to handle LNG.

I could go on but you all know this.

Thanks for posting the article - that was quite a good article! And Dino I agree it's good to hear from a contractor
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JAB65 JAB65 6 hours ago
I've been really bored so I went back and looked at all the DOE records. I think they go back to something like 2013 with Delfin. The boys are well known to the company.
At the end of the day money always trumps temporary political ideologies. The DOE is merely a speed bump along the way when you look at the palms that will be greased to create billions.

Capitalism at its "finest hour" .....
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senor_c senor_c 6 hours ago
Agreed. The DOE filing that we are expecting should shed some light on their strategy (or just more spin) on how they will approach their situation. Everyone's watching to see how the DOE is going to handle Delfin's situation. I'm going to be super naive and optimistic and say FID by July. :)
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Mr. C Mr. C 6 hours ago
I figured FID would be delayed, since we haven’t heard before the app deadline, but I hope they have the construction figured out. I wouldn’t expect grace. Look at Lake Charles. Maybe the project gets some kind of special consideration as FLNG, but once we get past the permit hurdle the clock resets again.
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chen1992 chen1992 7 hours ago
It will be fun to find out.
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JAB65 JAB65 7 hours ago
It makes the impending plea to the DOE even that much more intriguing. They must be going for three and four since one and two appear covered otherwise they would have FID by now on one and two.
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Xunefox Xunefox 7 hours ago
These are no different than any other license i would imagine. They will be renewed the day of.... not days before.
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dinogreeves dinogreeves 7 hours ago
So now, more delays into mid 2024. I guess more time to load the cheapies again.
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senor_c senor_c 7 hours ago
Article's Full Text:

The developers of the Delfin floating LNG project off Louisiana expect to take a final investment decision (FID) in the coming months, according to one of its contractors.

“They're looking for FID in mid-2024,” Kyle Haberberger, offshore project development manager at contractor Black & Veatch, said at the American LNG Forum in Houston earlier this week. But the 13.3 million ton per year Delfin Deepwater Port’s path forward faces additional uncertainty in the wake of the Biden administration’s recent changes in the approval process for non-free trade agreement (non-FTA) LNG exports.
Delfin’s existing non-FTA permit expires in June, and to get an extension, it must show construction progress to the US Energy Department and/or provide extenuating circumstances as to why it could not begin exporting by the deadline.
One executive with the Texas LNG project in Brownsville said at the conference he would be watching Delfin LNG closely in the next couple of months to see how they navigate the risk. Texas LNG has a non-FTA permit that expires in 2027, a date by which it would be “difficult” to start exporting, the executive said.

A Shot in the Arm
Delfin's project got a shot in the arm earlier this month when it signed a binding sales and purchase agreement (SPA) with Chesapeake Energy for 500,000 tons/yr. Previously, Delfin had signed a spate of SPAs with portfolio players including Centrica and Vitol, selling out offtake capacity for the first 3.5 million ton/yr vessel.
But the firm has struggled to find firm commitments for the second and third vessels. In December, Delfin only mentioned it was in the “final phase” toward FID on the first three vessels; the Chesapeake announcement made no mention of an FID despite a 2028 SPA start date.
Representatives for Delfin did not respond to requests for comment.

DELFIN LNG SPAS
Date Signed Buyer Capacity (million tons/yr) Term (years)
Feb'24 Chesapeake Energy 0.5 20
Nov'23 Gunvor 1.0 15
Jul'23 Centrica 1.0 15
Apr'23 Hartree Partners 0.6 20
Jul'22 Vitol 0.5 15

Delfin's Many Options
Haberberger noted that the Delfin Deepwater Port proposal is unique because, while total capacity is on par with some onshore liquefaction developments, the smaller size of each individual vessel translates to lower costs.

“They're financing each FLNG individually at 3.7 million tons/yr, meaning that the capex to get one of these projects off the ground is much smaller,” he said at the forum. “This brings a broader range of investors into the picture who could potentially be involved in these projects, and they think [that] really provides them with an advantage to slowly build out their development and get above 13 million tons/yr” at its Gulf of Mexico site.
For example, Delfin has signed a heads of agreement with independent producer Devon Energy to supply an undisclosed amount of pre-FID capital and for options for future equity investments.

Haberberger added that Delfin continues to scout other floating opportunities, including sites in South Texas, Mexico, and Canada.
“So really, if something was to not work out about their deepwater port in Louisiana, they have the ability to pivot and look at other locations,” he said.
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dinogreeves dinogreeves 7 hours ago
My curiosity is the "Contractor". How much can they say to outside sources?
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Mr. C Mr. C 7 hours ago
Nice pull, if they delay FID for that long then hopefully they can close all 4 ships. This should get interesting
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senor_c senor_c 7 hours ago
Not sure about being pissed off but okay. I no longer have emotions about this...just waiting for something to actually happen that is significant. It does look like it's the same author, but it is a legit news source that covers the industry. I don't remember the last article, but all we can do is take what they give us and make our own decisions accordingly. Good luck!
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JAB65 JAB65 7 hours ago
Nothing wrong with an occasional good Democrat, hard to find but there are a few out there!
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xuzyrip xuzyrip 7 hours ago
I couldn't get past the paywall. Isn't this written by same writer who said they were struggling with SPA's and never even searched DOE website? Now she writes an article based on one vague source? I dunno about this...
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xuzyrip xuzyrip 7 hours ago
I couldn't get past the paywall. Isn't this written by same writer who said they were struggling with SPA's and never even searched DOE website? Now she writes an article based on one vague source? I dunno about this...
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xuzyrip xuzyrip 7 hours ago
I am officially pissed off.
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senor_c senor_c 8 hours ago
Sometimes Democrats come through. ;) I thought the same thing about the timeline, but there are so many forces pushing for this, especially big companies who have signed SPAs.
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dinogreeves dinogreeves 8 hours ago
"according to one of its contractors". This is the part I like.
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JAB65 JAB65 8 hours ago
Nice tag!
Alas, two all too familiar words associated with Delfin.............Expect and Coming....
I was just looking at the last Semi-Annual report to the DOE....Expect FID by end of year......Ahhh, but it is getting closer, isn't it?????
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senor_c senor_c 8 hours ago
Delfin LNG Targets FID as Permit Expiry Looms: https://www.energyintel.com/0000018d-f137-d813-a5df-f7770c300000

The developers of Delfin floating LNG project off Louisiana expect to take final investment decision (FID) in the coming months, according to one of its contractors.


Anyone get around the pay wall? (Buckle up, folks!)
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dewmoore dewmoore 11 hours ago
SEE only a few shares sold and brought it down to .21 cents -- market makers you LOST you can't have our shares maybe at $4.00 but not at .21 lol
Wed, Feb 28, 2024 12:01:23 PM 0.21 382
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Xunefox Xunefox 1 day ago
He has demons that only he can let go of, and until he does.... yeah a waste.
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dinogreeves dinogreeves 1 day ago
Such a waste of life.
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Xunefox Xunefox 1 day ago
And cue the always sad and unoriginal

GOLDEN CROSS.... Shut up


Majestic
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Golden Cross Golden Cross 1 day ago
Sounds like dino
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Golden Cross Golden Cross 1 day ago
Shut up 🌾🍚
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dinogreeves dinogreeves 1 day ago
What did he learn from life, that should be question.
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Uncleteddy Uncleteddy 1 day ago
This dude gets cucked by his wife and takes his aggression out on all the OTC boards. I mean just look at all of his post. Nothing but negative comments
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chen1992 chen1992 1 day ago
We missed you around here!
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Mr. C Mr. C 2 days ago
Could be a little lag into next week from what we hear with 3/1 being Friday, but I expect something
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TrendTrade2016 TrendTrade2016 2 days ago
What happened to the Fake RM. lol u were warned many times
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chen1992 chen1992 2 days ago
Mr. C, you think we’re likely to see some news this week? Their request for an extension must be given 90-days in advance, which means it has to happen by Friday!
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Xunefox Xunefox 2 days ago
But once again Golden Cross. I forgive you. We can try again to be besties forever when you choose to grow a little ok. 🫶🏻❤️
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Xunefox Xunefox 2 days ago
Well look who it is.

Please everyone give a round of applause to "Golden Cross" the man that ..... well just cant say anything nice.

I had a bid in for 5,000 shares for 3 days.


Golden Cross replies.... "Shut up"

Get over yourself and your self loathing and realize that until you come to terms with what ever the fuck .... if not everything that makes you angry...... nothing with ever change. You have already hurt yourself enough, you are only now just hurting the people that love you and will pray for you. Again and again


Take care
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Golden Cross Golden Cross 2 days ago
Learn to trade clown 🤡
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dinogreeves dinogreeves 2 days ago
I saw his order and it was 5000 shares at 25 cents partially filled minus 137.
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