Ann: Drilling update at Alameda-1 - Strong oil shows, page-367

lets not forget the reason for the imposition for the embargo in the first place was due to cuba nationalising America's oil interests in Cuba without compensation, and these interests became part of CUPET, the national oil company of Cuba. This makes Cuba a riskier jurisdiction, but what gives me the comforting factor is Sherritt's 20 year history of operations in Cuba, aswell as our JV partner the National oil Company of Angola Sonangol being part of the mix. The embargo is almost turning into a blessing for us as the largest lowest hanging fruit has been left untouched for over half a century in prime real estate