RE: Surprised11 Aug 2021 10:29
Hello Romaron,
I also have a good feeling about Enq and AB.
With lower breakeven and hedging in place my calculations indicated that debt will reduce a lot even with low oil prices. It’s the beginning of new time.
Also twice AB have come out with a stronger hand after collapse. Think he will continue do some small good deals for us without gamble the future.
With hedging we will also avoid another total collapse.
About climate and planet, think there many other worse things then oil going on.
And I trust AB’s decisions for the future when it comes to this also. His insight is well above ours.
And one of the reasons I invested heavy in this was AB’s strong holding. It turned out to be a good rule.
The cash calls been minimal, and if it was another ceo or company we probably been bankrupt or completely diluted by now.
Good luck