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0:21

Bert Stedman

81:40 - 82:01

“in essence, we own through 8STAR 25% of the sub-companies because we own 25% of 8STAR, is my understanding. And then when they go out to bring in other investors, we'll suffer a dilution issue. Issue. And the question is, how big is the dilution issue?”
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Alaska News
Captured at
May 27, 2026

From the transcript

It gets into the dilution question. So in essence, we own through 8STAR 25% of the sub-companies because we own 25% of 8STAR, is my understanding. And then when they go out to bring in other investors, we'll suffer a dilution issue. Issue. And the question is, how big is the dilution issue?

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Alaska LNG could cost $70 billion; state's 25% stake faces dilution

Alaska’s LNG project may have just gotten a $24 billion “whoops.” The state has been planning around a $46 billion price tag, but lawmakers were told the real number may be closer to $70 billion — which is less of a budget update and more of a financial jump scare.

Cover image for article: Alaska LNG could cost $70 billion; state's 25% stake faces dilution