Is this a double bottom
Hi Folks
The fundamental thesis behind Tellurian remains attractive in terms of bringing the low cost US gas through to markets that will be undersupplied as the world tries to de-carbonise. Their Driftwood project is consistently ranked in various public market presentations by externals as some of the cheapest LNG yet to develop. Yet it remains well below pre COVID levels with not a lot around that story changed. There was a bit of a run followed by a drop now a potential double bottom and a rise? Who knows but in for a rise maybe up to those pre COVID levels?
Good trading...
The fundamental thesis behind Tellurian remains attractive in terms of bringing the low cost US gas through to markets that will be undersupplied as the world tries to de-carbonise. Their Driftwood project is consistently ranked in various public market presentations by externals as some of the cheapest LNG yet to develop. Yet it remains well below pre COVID levels with not a lot around that story changed. There was a bit of a run followed by a drop now a potential double bottom and a rise? Who knows but in for a rise maybe up to those pre COVID levels?
Good trading...
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