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Re: littlejohn post# 346

Friday, 07/16/2021 10:28:30 AM

Friday, July 16, 2021 10:28:30 AM

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Only 2 liftings in Q4 vs 3 in Q1

I believe the production increase of 11% sequentially is a better indicator than the sales figure due to that lumpiness

Uncertain what their production rates could be if unconstrained by the OPEC+ quotas but I believe that they have more than sufficient additional production flow at maximum to justify the larger FSO they have the LOI for

With current pricing the free cash flow should juice the shareprice as it develops further

4$ by EOY is very possible

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