RE: Future SP movement2 Jun 2024 21:46
We need to see if the terms have changed but if not, this looks like the best RTO since Valeura (which has gone up c.8* since their RTO completed). Like here, there was lots of scepticism the deal would go through but since then they have consistently focused on increasing production & cash flow & I see similar quick wins here to get MPNU production up (and fast)
Am looking forward to the deal details so we can stop speculating & get some decent broker coverage. Personally hoping for £4+ this year