Speculative trade alert NFE

Post Reply
Fraser921
Posts: 3016
Joined: Mon Mar 22, 2021 11:48 am

Speculative trade alert NFE

Post by Fraser921 »

New Fortress Energy NFE


On Monday they have scheduled a call to tell us how great they are doing. i think it pops.

This milestone means cash comes in. Interesting company. The owner like Jerry Jones owns a sports franchise, the Milw Bucks NBA, FYI

https://ir.newfortressenergy.com/news-releases/news-release-details/new-fortress-energy-host-investor-call-discuss-its

https://ir.newfortressenergy.com/static-files/2df4d507-32a2-45d0-ae77-8bbc348ea428

https://ir.newfortressenergy.com/static-files/2e3157f8-9335-402b-9ffe-d400540ea7ee

This plays into higher demand for ng being exported as LNG to meet needs of developing countries. This company fast tracks these projects. The crap 3rd world countries can have NG to power their grid but in the US , Team Biden wants to depend on windmills and solar panels
Fraser921
Posts: 3016
Joined: Mon Mar 22, 2021 11:48 am

Re: Speculative trade alert NFE

Post by Fraser921 »

slide deck out

https://ir.newfortressenergy.com/static-files/a31a267e-5d2e-4212-9cfe-d47fe69e1b8c

call at 11 am
Fraser921
Posts: 3016
Joined: Mon Mar 22, 2021 11:48 am

Re: Speculative trade alert NFE

Post by Fraser921 »

call still just finished, price unchanged. i was hoping for a pop which didn't happen but unchanged when the market is down 100 points is sort of a win :x ...

NFE is making the lng import plants and supply the lng to customers and fast tracks the built-out.
Interesting contract , current power generation is supplied by diesel to be replace with lng. not only is it cleaner it's cheaper.
They get paid based a fixed discount of pr current cost of diesel prices. they got paid for the plant and now supply the ng going forward.

they are rolling this out to other countries.

Im going to hold as this thing has a great future. they can buy ng cheap, then resell it based on a discount to diesel prices
Post Reply