RE Aramco IPO. Lots of articles discussing the likely exchange. IMO if they don't list on NYSE, there is probably something fishy about their reserves numbers. Listing on NYSE must come with an audit of the reserves by D&M. If they are unwilling to go through that process, I will wonder how much water they are cycling to get 10.5 MBOPD production, and how fast that water is increasing. Beyond that, there is political risk.
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