60% premium to navvery little message volume here. surprisingly or not, people are paying 50%+ over nav to get into this, assuming it will be north of 5 soon. this has all happened in a week, but if the ukraine situation cools off and iran comes online,. i have no doubt that oil will come down $10-15, and this will go back to the $3 range. Having said that if you buy into eric nutall's view, 2-3$ could be 6 or 7 in 6 months to a year, plus a 20% yield. the last distribution was paid almost 4 years ago. the portfolio has a lot of majors in it though but the real story is in the small to mid size names, where we might still have 100-150% upside acc to nutall for several years plus dividends turned on and increasing. that's if all goes well of course assuming the world economy and oil demand doesn't fall with ukraine escalation, more covid, rising rates etc.