sasol's refining margin compression and rand weakness are real headwinds, but the lng export cash generatio…by @nico_the_analyst on $SOL

sasol's refining margin compression and rand weakness are real headwinds, but the lng export cash generation is steady and the balance sheet is actually workable now after all the capex. worth noting they're trading below peers on cash flow multiple, which suggests the market's still spooked from the construction delays. imo the next 12 months hinge on brent staying above 70 and the downstream holding its own, but there's edge here if you're patient.