RE: A5 Well11 Oct 2021 10:24
Un, yep and doesn't look like it will retrace to $70s. If it stays at these levels to year end, crude would average c $72 for 2021 and great news for all producers.
We're all expecting good news this month from Caspian and crucial that they deliver it. The worst news ? 154 rates dropped significantly, 153 unsuccessful, SY licence not awarded, barge talks failed and A8 hit issues. This is investing and nothing guaranteed so this is the time where Caspian has to deliver the opposite of the above. As a minimum 153 positive and rest in progress, that would go a long way to building revenues and investor sentiment.
If it's poor news, the knockers will be saying the same old thing, actually most investors will be saying it so only one way to change that and give us something positive to ramp, sorry discuss.
No more Carverspeak please, no more Poxy Roxy, time for the Caspian SunRISE.