Lyman Hoffman
27:46 - 28:22
"under that scenario, unless the legislature decides to take the investment option, there is no scenario that that Glenfarm sees that under any scenario that there would be a cash call by the state of Alaska or by Glenfarm. Chair Hoffman, that is 100% true and correct. There is no scenario where we will ask the state for money."
“under that scenario, unless the legislature decides to take the investment option, there is no scenario that that Glenfarm sees that under any scenario that there would be a cash call by the state of Alaska or by Glenfarm. Chair Hoffman, that is 100% true and correct. There is no scenario where we will ask the state for money.”
- Speaker
- Lyman Hoffman
- Timestamp
- 27:46 – 28:22
- Community
- Alaska News
- Location
- Alaska
- Captured at
- June 16, 2026
From the transcript
So under that scenario, unless the legislature decides to take the investment option, there is no scenario that that Glenfarm sees that under any scenario that there would be a cash call by the state of Alaska or by Glenfarm. Chair Hoffman, that is 100% true and correct. There is no scenario where we will ask the state for money. Even the state investment option is an option to the state. It doesn't come with a formal request or pressure from Glenfarm to make that investment option.