That's definitely nice to see, it validates statements like the one I read about the philipines having the largest gas/oil reserves second to Saudi Arabia and yet untapped.
Natural gas prices are kinda low , sadly when you're an investor in this market.
But the good thing is that liquified natural Gas is way more expensive and can bring in healthy profits . I'm not sure if forum can benefit from LNG exports or if that's just something the philipines and the manufacturers would profit from. Since cnooc is in the mix it would be interesting to turn the gas into LNG thru cnooc and forum getting a piece of that pie in a smart thought out contract, possibly doubling the profits. Then again I guess forum can just process its own excess gas into LNG and sell it on its own, maybe. Just a thought.
There haven't been any shares of any relevant volume trading below .012 for at least 5 days now. I have to admit it looks like there's many longs. And not much left to buy unless there is a snag in contract negotiations anounced. Not hearing anything back yet may be seen as a very good sign because I imagine if there was something they had a big disagreement with , regarding contract negotiations , then we heard about it by now.
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