The tankers are a few years away.
Final plans are approved upon ABS approval in the middle of the year.
These are the plans they use to get quotes from shipyards, so ABS approval will be a seminal event for the company.
As for financing, leave that to JJ - he did it for Fredriksen, he'll do it for us.
Did MB have a problem raising over $100m for LNG - each time at higher prices?
Did he have a problem arranging the financing of a $1bn+ LNG facility.
Getting GEV financed will be a walk in the park for MB and JJ.
This is a HUGE story unfolding very rapidly.
GEV Price at posting:
35.0¢ Sentiment: Buy Disclosure: Held