The word in the market is that GRD has not won Lancashire....

The word in the market is that GRD has not won Lancashire. Lancashire job is going to be awarded to the French crowd - apparently very political. People in the know have been exiting their positions. The Brazilian job - well who knows. GRD is one of a number in for it but apparently this won't be announced until at least October/November. Expect price to move down steadily to announcement in two weeks and then plummet to around the $1.40 to $1.50 mark. This is the trigger to buy in and get set for the next move upwards.

Sorry to be the bearer of bad news folks. Very disappointing but that's life.