It's almost gobsmacking that such a large reserve upgrade barely moves the dial. This hit 20 cents years ago and now trading sideways. It does really look like the production and sales/ quarterlies is going to be what moves the price.
I mean saying they going to start getting that 48mmbo of higher quality oil shipping before the end of 2024 means there should be a decent re-rate as they transition towards that timeline imo.
It's almost gobsmacking that such a large reserve upgrade...
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