Ann: Change of Directors Interest - A Purcell, page-104

I think the most important issue for us as shareholders of MAY, is the current and future price of the commodity that the company has access to in this so called significant field in Cuba. With reserves in the US under Biden falling dramatically and now the conflict in the Middle East which could disrupt supplies in a manner we haven't seen in decades, oil could surge to a level that would put MAY in an amazing position in regards to its market cap once reserves are proven and we transition to producer status. A major re rate in this scenario to me would seem very likely. We are due for the report any day now and spud is hopefully only three weeks away. I would assume the new Middle East conflict will show no signs of abating in the near future, and could even become more acute with the entry of other players such as Hezbolah and Iran. We might indeed see a return to a similar scenario as we did in the mid 70's with oil shortages worldwide. As usual commodities rise during times of instability and chaos. Onwards and upwards comrades!