Recent share price increases have been on pretty low volumes.
None the less the sentiment in the industry seems to be at least improving. Brent seems to be up. Saudis are listing Aramaco at some stage soon.
However one needs to ask oneself, if it survives, what can the company now make, and what is it worth? It's a shadow of its prior self now sadly (with lots of debt).
Ann: Pareto Conference Presentation, page-8
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