fish, page-6

Firstly, Actual drilling plans rarely (if ever) happen when first mooted in any play in any country,ever... simple.... Always delays, always red tape. Always equipment and manpower and Environment issues that are acutely On a 5:1 chance drive timelines out rather than in , so May is absolutely not unique here mate....very very frustrating but that is the exploration oil and gas sector...I alway look at drilling timelines sceptically ..... as I know the delays thst push them out far far outweigh any thing to make them come closer..
Then we have the “Cuban” factor which is notoriously slow on decision making... when we have permits and licences to apply for , on the flip side of that however Cuba apparently is one of the most uncorrupt places to do business, it just does not exist there at high level, the Castro’s made sure of that......so we are playing on a relatively level field I feel..albeit painfully slow..

As far as the noise in that article on Purcell, I really dont think there is a NED out there who is whiter than white..
He has put a lot of personal skin into Melbana... always two sides to a story as well....end of the day NEDs like shareholders are there for one major reason only, to make money...

I myself have already issued my own personal ultimatum to the company by email, if I see no definitive path on Cuba and how it is going to be financed within 6 months, I will sell my position down. I don’t expect them release news on Cuba because of me, or my email , however it serves as a reminder that even their most patient and loyal long standing shareholders has a timeline here to see actual improvements or thst will be it after 10 years of misery !! ... like you, I am 100% in agreement it’s all about Cuba, this is where we have put at least $ 10 mm of shareholder money ( by my reckoning) into the last 3-4 years....with absolutely no return back as of yet....