RE:from IV .. A few comments, first VET is most likely already below 1.2 B debt, that being the level at which they stated in their latest presentation that they would commence to direct cash flow towards shareholders.(divs, special divs , buy backs ) . VET had estimated that their debt level would be 1614 million at the end of 2021, with a cash flow of 80 $ per bfoe that brings them currently below 1.2 B exclusive of any further debt that may be incurred in Q3 due to the closing of the Corrib acquisition .
Second , if it is truly so hard to bring on extra nat gas in Europe, then we will surely be enjoying very high prices for a very long time .
Third, if the Germans are selling used gas plants, then the price must surely be low , as they have announced their intention to go to 100 % renewables
Last, it is good to see IR is so responsive, presumably they will be even more so once the quiet period is over !! Let us take advantage of that then pass it on !!