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Think that was the bottom for Tell?

Posted on 2/7/24 at 10:51 am
Posted by Deepwood
Member since Sep 2023
50 posts
Posted on 2/7/24 at 10:51 am
Looking at images of the site and they are still moving forward. Putting that shale up for sale seems like they are all in to make driftwood happen…. But will it be enough?

Only down side is Haynesville was their biggest upside to investing since they were going to be exporting their own gas, not buying it from someone else.
Posted by JerseyJohn
Member since Feb 2021
100 posts
Posted on 2/7/24 at 11:39 am to
Hope so. I really hate this stock. Next run up I am out for good.
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15597 posts
Posted on 2/7/24 at 11:42 am to
Bought a couple thousand shares hoping that haynesville sale and/or full financing gives it one good jump to easily flip the shares

Not financial advice
Posted by SulphursFinest
Lafayette
Member since Jan 2015
10085 posts
Posted on 2/7/24 at 11:56 am to
Stock is and has been toast
Posted by Kingpenm3
Xanadu
Member since Aug 2011
9544 posts
Posted on 2/7/24 at 2:58 pm to
quote:

Tell


Is on my little short watchlist. Based on the short amount of time I've been paying attention, I can promise that it will be either up or down 20% tomorrow.
Posted by Deepwood
Member since Sep 2023
50 posts
Posted on 2/7/24 at 8:24 pm to
Got 3k to spend on a penny stock. Any suggestions instead of Tell? Who’s got the next NVDA. …. And no I don’t think Tell is going to pull a NVDA I just think they a showing they are willing to stave off insolvency and the only way is up in the short term.
Posted by PetroBabich
Donetsk Oblast
Member since Apr 2017
4932 posts
Posted on 2/7/24 at 8:37 pm to
No Tellin
Posted by Saunson69
Stephen the Pirate
Member since May 2023
6831 posts
Posted on 2/8/24 at 11:33 am to
No, next week it'll be in the 30 cent range again. They keep making announcements to buy time, but it always comes back. Tried to get a jump from firing Souki, came back down 2 wweks later, announced Lazard hiring for valuation came back down 2 days later, same will happen here. It'll come back down. Perfect shot to short but I don't think you can at this point.
Posted by lsuoilengr
Member since Aug 2008
5172 posts
Posted on 2/8/24 at 12:41 pm to
TMC. Diamond OIM put me onto it. They do deep sea mining of metals used for EV batteries. Very speculative
Posted by thejudge
Westlake, LA
Member since Sep 2009
14759 posts
Posted on 2/8/24 at 5:39 pm to
Today's news is they made the docket for FERC extention on the 15th.

It should run up some on that news alone. Can make some money on a flip there.

That will put it in a unique situation one of the only permitted LNG plays after this administration banned permits for climate change shite.

Their permit was already granted.
Posted by Deepwood
Member since Sep 2023
50 posts
Posted on 2/8/24 at 8:21 pm to
Every time I drive by it on the river they just keep chugging along with construction. Makes me think they have to have a couple back up plans to get out of jam to be dropping all that money into it.
Posted by thejudge
Westlake, LA
Member since Sep 2009
14759 posts
Posted on 2/8/24 at 8:25 pm to
At worst it gets bought out.

They have all permits and once it getsnits extension someone will enter into an equity agreement at least.

Worst is a buyout imo. $3-$5 a share imo.

Posted by rowbear1922
Houston, TX
Member since Oct 2008
15597 posts
Posted on 2/9/24 at 6:38 am to
quote:

That will put it in a unique situation one of the only permitted LNG plays after this administration banned permits for climate change shite.


The ban is only on the exportation of LNG, not the building of facilities.

And the ban is simply a political move. By time TELL, or any other LNG project planned starts exporting, the ban will be a thing of the past
Posted by thejudge
Westlake, LA
Member since Sep 2009
14759 posts
Posted on 2/9/24 at 6:57 am to
quote:

The ban is only on the exportation of LNG, not the building of facilities.


Bans the permits to export.

That may give them a leg up as they already have approval.

May be short lived but 6-8 months ahead can be a lot.
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15597 posts
Posted on 2/9/24 at 7:02 am to
quote:

That may give them a leg up as they already have approval.


The pause isn’t pausing a single other planned facility
Posted by LSUGUMBO
Shreveport, LA
Member since Sep 2005
9228 posts
Posted on 2/15/24 at 2:53 pm to
quote:

Today's news is they made the docket for FERC extention on the 15th.

It should run up some on that news alone. Can make some money on a flip there.



$.80 today- keep running!!!!
Posted by Bussemer
Heading South
Member since Dec 2007
2564 posts
Posted on 2/15/24 at 4:20 pm to
Commonwealth and Lake Charles are not going to FID without clarity on their ability to honor their offtake agreements. So yes, they are very much paused.
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15597 posts
Posted on 2/15/24 at 4:47 pm to
quote:

Commonwealth and Lake Charles are not going to FID without clarity on their ability to honor their offtake agreements. So yes, they are very much paused.


Maybe if it’s still pre-FID, maybe, but I can tell you CP2 and PLQ have not slowed down one bit since the announcement, which now the House has passed a bill over overrule Biden’s announcement. Yes, I realize that if it was to pass senate, Biden could still veto
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15597 posts
Posted on 2/16/24 at 7:44 am to
They just got the FERC extension so they aren’t dead yet
Posted by 75503Tiger
Member since Sep 2015
4821 posts
Posted on 2/17/24 at 6:47 am to
IMHO, the sale of the shale holdings funds Tellurian for the next few years. The business can continue to operate off of these funds. They are pushing all the chips in by going this route but once the establish the survival plan they can secure FID to build Driftwood and get that done utilizing borrowed money or capital investors.

There is fear, buy the fear and plan to go long. Not financial advice.
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