MAY melbana energy limited

Ann: Update on Appraisal Well Drilling Program Timetable, page-260

  1. 3,629 Posts.
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    Which is a clear example of sovereign risk. Poor infrastructure is defined by potholes in every road, aged and inefficient power production facilities and not to mention it’s 2 wells not one. Minor detail. But the good news is, this will exceed this plants gas requirements, so there won’t be a third. Well not at this site anyway. We are blessed are we not. Cuba is impoverished and it’s infrastructure reflects that. If it were not they would have reserve capacity, not rationing and blackouts but hey you are welcome to a unique interpretation of inadequate infrastructure?Which is a clear example of sovereign risk. Poor infrastructure is defined by potholes in every road, aged and inefficient power production facilities and not to mention it’s 2 wells not one. Minor detail. But the good news is, this will exceed this plants gas requirements, so there won’t be a third. Well not at this site anyway. We are blessed are we not. Cuba is impoverished and it’s infrastructure reflects that. If it were not they would have reserve capacity, not rationing and blackouts but hey you are welcome to a unique interpretation of inadequate infrastructure.
 
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