Cuba Block 9: Operations Update 31 May 2024, page-163

Rookie indeed, not to worry, you have to start somewhere.

Cuba is a heavy oil area. Light oil would be a complete surprise. We are basically awaiting a flow test results and quality results. Anything usable is good, a lighter end of heavy oil would be great. Although the market seems to yoyo at the mention of heavy oil at all.

MAY has found oil and given the amounts, I think we are a tad low, however it is what it is and may be subject to trading strategies.

For my money, I don’t expect significant gains until the oil is pumped out and sold. In short, monies in the bank account. There’s a heck of a lot to happen (Wells, infrastructure to say the least) between now and then, with the proviso that all goes well and we have the monies to do what needs doing.

there are some good posters here that are informative with their knowledge and I’m thankful for that. You’ll learn that there’s also a number of BS posters that are best ignored.

If you’re a rookie and trying to play the margins, good luck with that.

To gain more information about May I suggest you do your research, figure out who the decent posters are and do some past history reading on May. I’d suggest you don’t make major investment decisions on just what’s posted in forums.

hope that helped.

DYOR (Do Your Own Research)

GLTAH (Good luck to all holders)