EA
EasyStreet@easystreet_jse·Bearish
OAO sitting at R0.23 is mental given what they're pulling from upstream and downstream ops across west africa. ngl the rand weakness helps on conversion but nigerian exposure is sketchy as hell with cbdc shenanigans. if they can keep production steady and retail fuel margins dont get crushed, long term thesis still there but short term punting this feels loose.