Tellurian: Smart new stock in LNG or swing and miss?

[TraderTate + 186]

Came across a new stock, listed in February this year--Tellurian. It's trading at just under $10 right now, and I've never heard of it until today and then it shows up on Platts all of a sudden: 

"LNG developer Tellurian proposed Monday building two additional natural gas pipelines to move increasing output of shale supplies in the Permian and Haynesville shale plays to the US Gulf Coast and boosting the access to cheap feedgas for its planned Driftwood export terminal in southwest Louisiana.

The announcement comes as the Houston-based company tries to convince investors and LNG buyers in Asia, Europe, the Middle East and Latin America that its liquefaction facility will be a low-cost, high-return option among the dozen or so terminals eyeing a startup early in the next decade.  

While none of the second wave of US projects has taken a positive final investment decision this year, Tellurian is aiming to prove commercial viability in 2018, at the same time as it will be soliciting shipper interest in its proposed 2 Bcf/d Permian Global Access Pipeline and 2 Bcf/d Haynesville Global Access Pipeline."

[TraderTate + 186]

Not really moving yet ... more of a longer-term play now that I look at it. Technicals aren't there for any day trade.