It's a tantalising possibility, it would make any discovery potentially an elephant given the extent that of the limestone.
We are fortunate where exploration in Cuba has been held back and we are effectively the first ones to test these plays using modern seismic interpretation. I would hope that management invest in new seismic if we have another Alameda like outcome as interpretation need to be refined given complexities in the fold/thrust environment.
Getting production going will be essential to make plans sustainable or a reserves based facility.
best of luck holders
MAY Price at posting:
8.7¢ Sentiment: Buy Disclosure: Held
