Can confirm SPHO strike after redistribution is 20c!!!
See November 17 release for confirmation of this.
So SPHO provides a great leveraged SPH play.
If SPH rises 25% to 30c over the next while,
SPHO will rise 200% one would expect.
Why will SPH rise above 30c soon?
I would say the keys are HDR &
Mauritainia!!! Read the AR'03.