RE: Oil and gas ⬆️13 Oct 2023 08:37
BB,
Morning,
Of course Mercuria are the facilitator of the hedges imo, not that Serica would ever admit that, even if asked at AGM as they would hide behind 'commercially sensitive information' cloak, or say they offered the best deal, yeah right, who for ? TW had, as I understand it hedges with Mercuria, so no reason not to expect SQZ to do the same, as I mentioned before, massive win, win for Mercuria esp as they are free from EPL !! Mitch in his latest AGM presentation mentioned they are once again in the market looking at hedges, as I stated, no need to guess who with !!!
Agree, about TW hedges leaving a sour taste !
See TTF up ~30% this AM, good for KIST et al.
Friday 13th moan over with .... atb
aimo & dyor