In theory, they should be making profit with current oil prices, but I am now getting a feeling management is not very trustworthy. Hope there won't be unexpected surprise in the quarterly report.
I think the constant usage of past tense when referring to their current hedges is borderline misleading. Is this wording even allowed? "Existing hedges closed out end 31 December 2022"
In theory, they should be making profit with current oil prices,...
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