RNS premium price for gas update24 Mar 2021 09:28
as a result of these agreements, our contracted gas USD revenues for the year could be as much as 50 per cent higher when compared to May 2020 to April 2021, meaning they will deliver a material improvement in cashflow during 2021. We continue to pursue an innovative and flexible commercial strategy, enabling Echo to secure this type of premium pricing. These contracts also confirm that the Company is viewed as a reliable and attractive supplier to the Argentine industrial sector, and can achieve strong pricing for our output."
back in the days this would have gone up at least 33% on this good news
but these days there is so many greedy BSTRD about to crash the SP back down for 7%
that MM will always be extra careful not to put SP up too much on good news
and fish out the shorts first, and when they are gone, back up it goes
it is going to be a constant battle to break 80 for now
patient patient patient some more, it will come''
308..