Jan. 7 at 11:09 PM
$CVX $GDRZ $COP $CVI There is only a handful of refiner that can handle Venezuela crude and we know CITGO is one. All that additional oil they talk about needs refining and thus just increases the value of citgo beyond
$20BN. Rusoro
$RMLFF will get
$650M convertible notes with a citgo value of
$5.9bn! Let that sink in, our convertibles just surged in value by multiples