Looking at the Share price through the stages: drill progress; flow tests; etc
Where are we right now?
We have considerable background information - Cuba is well drilled, its a mature oil producer, it has extensive oil infrastructure, extensive commercialisation including multiple contractors and deal flow going back decades, the ground has been studied in great detail, through 2d and multiple flow test and logs...
Block 9 has been mapped and drilled - whilst there are enormous amounts of new 'zones of interest' - we already have an incredibly detailed idea of what's going on underground for this particular drill campaign...
We are now drilling directly for the 'motherload' - a known massive reservoir of high pressure / lighter oil - we are literally drilling for outrageous riches
We are nearly at 400 m already!!!! we are going to strike shallower oil very soon - confirming yet 1 more time what is down there - this is NOT speculation - it is an absolute certainty!!!!! we could stop there and be incredibly satisfied - but that's not the goal - the goal is to press on to the fabulous lower reservoir - a few weeks further down
And we will strike oil at the lower reservoir - again this is not speculation - its an absolute certainty!!!
So what is happening with the SP?
The SP is in 'exploration' mode - while the reality is MAY has tipped into 'production' mode.
The market can't quite believe what it has already been told. And needs to hear it 1 more time.
MAY has massive quantities of oil on its hands.
It is already worth $billions.
The SP is going to explode in the next 2 -3 months - and could go parabolic on any given day from here
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- Ann: Block 9 Commencement of Alameda-3 drilling
Ann: Block 9 Commencement of Alameda-3 drilling, page-112
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Last
3.4¢ |
Change
-0.002(5.56%) |
Mkt cap ! $117.9M |
Open | High | Low | Value | Volume |
3.5¢ | 3.6¢ | 3.3¢ | $157.3K | 4.557M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 1620866 | 3.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.4¢ | 902439 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 1620866 | 0.033 |
2 | 510000 | 0.032 |
6 | 799800 | 0.031 |
7 | 435332 | 0.030 |
5 | 354671 | 0.029 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 602527 | 6 |
0.036 | 1000000 | 1 |
0.038 | 852430 | 6 |
0.039 | 819682 | 5 |
0.040 | 1034244 | 6 |
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