https://finance.yahoo.com/news/flng-gimi-delivered-seatrium-shipyard-221200602.html | GLNG Message Board Posts


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Msg  3567 of 3568  at  11/24/2023 3:38:14 PM  by

ex_hacker202

The following message was updated on 11/24/2023 3:38:56 PM.

 In response to msg 3566 by  clyhb
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Re: https://finance.yahoo.com/news/flng-gimi-delivered-seatrium-shipyard-221200602.html

 That's actually bad news - Gimi was supposed to be in place and making money by EOY - it appears to have been delayed by 4-6 months. Since mobilization will take two months, and commissioning takes 6 months, Gimi will not be making money until Q3/24. This news is why GLNG tanked the day of their earnings call this week.
 


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