/biz/ - Business & Finance

>>51041895
>rather get a guaranteed 40-50% gain, possible 2x
EQNR isn’t going to increase this much. It will go to $50 a share max.
>like buying CMRX over SIGA
no. energy is a different beast. if small caps have LNG reserves and LNG producing assets, a 10% increase in price can be the difference between a negative balance sheet and a shit ton of free cash flow.
there’s no gay 3rd approval. Commodities are commodities. Price increases are always most significant for the small guys in this space.
>tfw Germany said in May they want to buy natural gas from Senegal
Kosmos Energy has a joint venture with BP in Senegal. First gas will be delivered early 2023 and annual production will be 5 million tonne