Is BPT a millstone around our neck?

Hi All

Just an observation but just can't help wondering now if BPT is the problem here and DLS is somehow, and incorrectly, being associated too strongly with BPT. I know they are involved in JV's but these are only business arrangements and DLS is still an autonomous company doing it's own thing.

Looking at the trading the volumes they have always been 4 - 10 times higher in BPT to the downside.

We practically know everything about DLS, debt, cash, hedges, etc etc. The only thing we don't know are the true reserves additional to those that have been reported.

Is everything out about BPT?

According to some, BPT is the shark in the tank. I'm just wondering if that is true.

One could argue there is a divergence occurring between the companies given how closely they are always linked in discussions.

Anyhow interested to hear some thoughts on this.

Cheers
BW
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There are known unknowns. That is to say, there are things that we
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are things we don't know we don't know.