Aug. 12 at 1:32 AM
$TGLO Here’s a thought:
Wondering since the Spot Market is so HOT (See Cheniere and VG earnings this week and projection for Q3), Delfin may want to raise its own capital to preserve room on at least FLNG3 and maybe even on FLNG2 for the Spot market. If that’s so, then obtaining 100% financing with SPA take-off and/or outside financing maybe constrict their Spot-market advantage. Therefore, a RM into TGLO to raise their own capital may come more early rather than later, especially if they want to develop Avocet as well. What are your thoughts on this perspective?