I attended the presentation. Some quick bullet points that GV...

I attended the presentation. Some quick bullet points that GV stated.
1. Should have all regulatory stuff done within 1-2 months (includes non-fta)
2. When asked how many customers we are currently negotiating with, he said enough to purchase 3x's what Magnolia could produce.
3. When asked about a timeline for how long he expects it to take to sign tolling agreements for all 8 mtpa; GV said his estimate was 6-18 months
4. Stonepeak has agreed to provide capital to construct the entire 8 mtpu.
5. Have enough cash until 2019
6. LNG demand to pick up in 2022. It will take 3.5-4 years to construct Magnolia. So they are communicating with customers that if you want LNG in 2022, you need to sign an agreement now.

If I think of anything else I will post later