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re: Tellurian: A Potential Hundred Bagger?
Posted on 2/25/22 at 11:06 am to JerseyJohn
Posted on 2/25/22 at 11:06 am to JerseyJohn
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.
Bechtel is the best in the business as these facilities, have executed flawlessly for Cheniere, so I guess that's positive.
Posted on 2/25/22 at 11:29 am to Texas Tea 123
I've been involved with the LNG build down in Cameron. That facility is smaller than Driftwood, and took 3 years to go from swamp to producing LNG. So Driftwood may take 4-5 years for construction.
Starting construction in April may mean building access roads, perimeter controls, bush hogging, etc. Those actions show progress and keep permits active, but may not be 100 bulldozers moving dirt. Time will tell.
I'm in though. They are hiring for management positions now. I think it gets built.
Starting construction in April may mean building access roads, perimeter controls, bush hogging, etc. Those actions show progress and keep permits active, but may not be 100 bulldozers moving dirt. Time will tell.
I'm in though. They are hiring for management positions now. I think it gets built.
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