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re: Tellurian: A Potential Hundred Bagger?

Posted on 2/25/22 at 11:02 am to
Posted by JerseyJohn
Member since Feb 2021
87 posts
Posted on 2/25/22 at 11:02 am to
Agree, but they are not waiting on financing to begin construction, which is significant. The release says that they are using existing capital and liquidity to fund the construction. I think this is good news.
Posted by Texas Tea 123
Member since Sep 2017
210 posts
Posted on 2/25/22 at 11:06 am to
I think they only have the funds to fund the first ~year of construction or something like that. They may have had a clause in their E&C contract that required a start by a certain date, or a clause with the landowner, who knows.

Bechtel is the best in the business as these facilities, have executed flawlessly for Cheniere, so I guess that's positive.
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