Ann: BYE: SM 71 F4 Completed and F5 Commences, page-8

Hmmm .... Stalemate. I suspect we have some buyer support off screen now , my best guess is that they are trying to get Citi and Nat wind up the selldown again to try push lower...... The catch is the buyers are still on the clock and theres only a few weeks til l F5 confirmation (6-7weeks till this is on tap also) then GC becomes a factor heading towards mid year.

Id be thinking along with the lightning flows, half yearly , F5 and GC the gap is closing quickly.... maybe 10-18 days of breathing room but the buy up has to occur sooner or later. We also have the sleeper with L3 & 4 that oculd be announced

Still standing by my BUY "deadset ridiculous SP" ...... I'm really eager to see lightnings impact....then towards mid year/Q3 Gc21 flow rates.

Oil could be $40-45 bucks and with the hedging here this would still be a monster inside the year

DYOR