Other option - company secures customers in the time now afforded by the new equity arrangement and T/O offer becomes a bad memory.
Tellurian's Indian friends are looking for a sweeter deal - LNGL could step in. IDG might secure a tariff relief for several customers and hey presto we have sold our capacity..
This won't play out next week but rather over.several months - I think there's a few more twists to be had in the LNGL story.
The can continues to be kicked.
LNG Price at posting:
11.5¢ Sentiment: Sell Disclosure: Held