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re: Tellurian: A Potential Hundred Bagger?

Posted on 11/12/21 at 3:11 am to
Posted by Beessnax
Member since Nov 2015
9131 posts
Posted on 11/12/21 at 3:11 am to
quote:

Closed some 11/19 $4.50c positions today for a nice 100% gain.


Congratulations! I decided to do Jan 2023 $10 and $5 calls on this because they are cheap. If they do break ground these should pay off well. If not I'm not out a ton of money
Posted by PhiTiger1764
Lurker since Aug 2003
Member since Oct 2009
13848 posts
Posted on 11/12/21 at 8:36 am to
quote:

Congratulations

Thanks… but I definitely should have sold them all instead of getting greedy. Now I’m a week out and pretty out of the money.

Not a huge dollar amount though.
Posted by ChasinTails
USA
Member since Oct 2017
130 posts
Posted on 2/1/22 at 4:17 pm to
Been a while since we’ve discussed… how is everyone feeling about TELL these days?
Posted by PhiTiger1764
Lurker since Aug 2003
Member since Oct 2009
13848 posts
Posted on 2/1/22 at 4:51 pm to
I’m just holding. I feel like a read a new article every week about how the Louisiana will benefit from high LNG prices in Europe and Asia.

Here’s another one in the BR Business Report from today. Seems bullish for TELL…

There’s also some lawsuit against Souki from an investor. Not sure what to make of that..
Posted by el Gaucho
He/They
Member since Dec 2010
52925 posts
Posted on 2/1/22 at 4:54 pm to
Does 100 bagger mean there’s 100 of y’all holding bags
Posted by PhiTiger1764
Lurker since Aug 2003
Member since Oct 2009
13848 posts
Posted on 2/1/22 at 4:57 pm to
My cost basis is below $1.00. You must be looking for the SLI thread.
Posted by el Gaucho
He/They
Member since Dec 2010
52925 posts
Posted on 2/1/22 at 5:06 pm to
Touché
Posted by DeCat ODahouse
Premium Member
Member since Jan 2017
1371 posts
Posted on 2/1/22 at 5:30 pm to
Today's Chat with Tell on the Company web site has CEO fully commit to begin construction of Driftwood in April. CEO Charif stated Bechtel will be on site in April.
His position is that the company has funds for the first year, and that they will get financing in that time frame.
His logic is that the need for LNG and this project are so obviuos that he is in the driver's seat so far as choosing who finances it. (my cliff notes version makes it sound more cocky than he does.)

Chat with Tell link


Reuters picked up the story
Reuters story on Tell announcment
Posted by roadkill
East Coast, FL
Member since Oct 2008
1834 posts
Posted on 2/1/22 at 9:54 pm to
I'm all in for the long-haul but my interpretation of Souki's comments:

He does not yet have financing for the project, prospects are uncertain, and this self-funding initiative is not quite desperation but instead is intended to avoid delays that could imply Driftwood collapse.

Remember - the Biden regime has threatened financial/banking firms to not fund any fossil fuel projects.

Let's go Brandon.
Posted by DeCat ODahouse
Premium Member
Member since Jan 2017
1371 posts
Posted on 2/1/22 at 10:08 pm to
Good tire-kicking perspective on today's announcement, RK.
Posted by Clint Torres
Member since Oct 2011
2659 posts
Posted on 2/2/22 at 8:55 am to
I didn't love the message yesterday.. seems like financing is delayed and construction will begin but it's not really funded.
Posted by PierPunk
#BugaNation
Member since Apr 2013
3291 posts
Posted on 2/2/22 at 9:52 am to
Interesting and I get where you can see that but I read it the complete opposite.

They are in a strong position in regards to the financing and they can afford to take more time to get it right. I thought the biggest takeaway was that he said the board was so confident in the financing that they gave full approval to start construction.
Posted by roadkill
East Coast, FL
Member since Oct 2008
1834 posts
Posted on 2/2/22 at 10:27 am to
I like your optimism and hope you're right. Seems risky to deplete cash reserves if financing is available.

Regardless, I'm enjoying the ride with hopes of a $25+ share price at some point.
Posted by PierPunk
#BugaNation
Member since Apr 2013
3291 posts
Posted on 2/2/22 at 10:50 am to
quote:

Regardless, I'm enjoying the ride with hopes of a $25+ share price at some point.





We need this but for the US

Nuclear Power, Natural Gas Secure EU Backing as Green Investments
Posted by Clint Torres
Member since Oct 2011
2659 posts
Posted on 2/2/22 at 11:10 am to
quote:

the board was so confident in the financing that they gave full approval to start construction


I hope you're right, but Souki has been promising construction would begin at the end of Q1 22 for at least 7-8 months now.. Announcing a delay would crush the SP short term; so we get this spin yesterday instead; his downplaying of FID was somewhat troubling to hear too; and will the construction even be substantial or more road widening and land clearing? Bechtel isn't going to invest substantial resources into this project until it is actually funded and real.
Posted by Auburn1968
NYC
Member since Mar 2019
19419 posts
Posted on 2/2/22 at 12:54 pm to
quote:

We need this but for the US

Nuclear Power, Natural Gas Secure EU Backing as Green Investments


Natural gas CH4 is the cleanest combustible fuel short of hydrogen itself despite the fact that some stupid eco-nuts are trying to ban it in NYC and Calif.
Posted by West Palm Tiger561
Palm Beach County
Member since Dec 2018
1527 posts
Posted on 2/2/22 at 1:39 pm to
If it was to reach over $25, what would the time frame look like in your mind?
Posted by damnlambert
Louisiana
Member since Oct 2019
156 posts
Posted on 2/3/22 at 4:47 am to
i bought for the first time yesterday. Been on my watchlist for sometime now. In at 2.38 figured winter storms could get nat gas spiking
Posted by TenLittleIndians
The Oaks
Member since Feb 2020
102 posts
Posted on 2/4/22 at 1:50 pm to
Doubled down my position this morning. Let's get this thing built!
Posted by Turftoe
Denver
Member since Mar 2016
3895 posts
Posted on 2/11/22 at 2:12 pm to
Does this spike when Russia invades?
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