Sticking to the facts:
I met with someone today and discussed where we've been, are, headed, and how we're gonna get there.
Fundamentals
1. FERC Order Approval, should be on Feb 14, but could go as far into March. FERC took 120 days instead of 90 to approve Trunkline, however, TL had some issues.
2. Air Quality, as some may know, there were no substantial comments submitted in the meeting, basically irrelevant to that site.(and the DEQ didn't respond to them for such reason)
3. Dredging Permit, just need to be aware of certain aquatic species which migrate during certain seasons. A plan is set in place for that.
Binding Agreements
1. Meridian done deal
2. Working on another, very close. But need to get these fundamentals in line first, they are more important.
March 7th they plan to have an investor presentation in which investors can meet management and ask questions. The two main insto's are staying with and supporting LNG, they're actually buying more, so to speak.
They are not in debt, no bankruptcy, etc.
No red flags, how bout that?
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