I like your optimism AB. Buyers have not had to do any heavy lifting the past 4 weeks as a seller continues to gradually offload. The impasse may be broken in a few weeks when the results are confirmed. I'm expecting a reasonable result but not convinced it will push us past the $3 mark in the short term. I will be very interested in the supply base EBITDA for the year - there should be a reasonable uplift here to offset perhaps a reduction in earnings for the vessels.
MRM Price at posting:
$2.50 Sentiment: None Disclosure: Held