Tellurian Inc.’s Contract With Shell Is A Disgrace

The Soukis and their executives have always view Tellurian Inc (NASDAQ:TELL)’s share as an inexhaustible currency; Tellurian’s total cash burn has been more the $500M since 17′ and we have no reasons to believe that their equity holders will not absorb the coming leak:

[dalio]

Q2 2021 hedge fund letters, conferences and more

Tellurian books large contracts at a loss for their Driftwood LNG project, Shell being their latest one. As they are forced to match the new contracts with the financing the concrete dam will crack and the valves will completely eject them.

Tellurian Finalizes Offtake Agreements for First Phase of Driftwood LNG- NGI