The only thing that is missing is heard mentality that are never forward thinkers but come to the party late after the initial move has gotten underway. The stock did rally 15% on the news it just came unfortunately at the wrong time of day. Have a look at the announcement and see how many boxes they are now ticking it is a real no brainer down here.
You are in from much higher levels I think? maybe you need to look and see if pyramiding and averaging down here would be wise? halve your average entry if not more if you scale up and capture all of the upside.
Have a look below at Natural Gas, it has rallied more than 80% in the last month. Now go back over the news. Macaw's LNG Module has demonstrated its ability to ramp up gas production from 300 mcfd to 1,200 mcfd, paving the way for substantial increases in gas capture and monetization.
And this is a chart of GLNG who Macaw Energies
HE8 Price at posting:
4.7¢ Sentiment: Buy Disclosure: Held
