Yes, $20 per barrel would be awesome for Baltia whiled all the other airlines have hedges in the $60 to $100 range. Huge advantage if they can get their plane flying with passengers, or the DOT Final Order and better,the FAA certification and great when, they announce passing the mini-evac phase.
They have been trying to get this Airline to this point since 1989. BLTA is due for multiple good new releases.
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