Hi RAF, it’s a real concern, they are even holding Woodlawn off until commodity prices improve. Whether that’s just to get a better return or whether it’s not real viable at current levels probably depends on whether you believe DVP or not.
Their chart is also in the process of breaking down in my opinion. A series of lower highs and also recently had a “death cross” where the 50 day ema fell below 200 day. Momentum is definitely downwards.
I can see why they are looking for a good asset.
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