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re: Anyone holding Tellurian?

Posted on 4/13/23 at 1:09 pm to
Posted by thejudge
Westlake, LA
Member since Sep 2009
14134 posts
Posted on 4/13/23 at 1:09 pm to
They signed a land lease deal for a billion dollars provided they get funding secured by July 14th I believe it is.

They also leased up a big chunk of land on the ship channel that became available after another company folded.

Not sure if it's going to work but they are confident as shite with these last two moves.

I've been out to the site area. There is quite a bit built and the two tanks got their foundation permits and pylons are being driven for them now as well.

Well find out what they were made of by July it seems.
Posted by Zissou
Member since Jun 2012
289 posts
Posted on 4/14/23 at 9:54 am to
Announced yesterday that stockholders will vote June 7th on dilution. Proposing doubling the shares to 1.6 billion shares.

So 800 million additional shares potentially. Stock price today $1.65 equals 1.32 billion.

Reuters Link

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