MAYIf you would like to read both posts in full and context...

MAY

If you would like to read both posts in full and context please My first post on MAY was several weeks ago before the latest pressure and protests.

It is oil and gas and that disclaimer still stands. That being said the market has never attributed any value to the Cuba leases due to the US Embargo.

Some comments from the MD

'So here we have a 416 million of oil equivalent, prospective resource previously with Cuba, it's all we had 236 million barrels in our drilling program. There, everything we're targeting, it's all elephant hunting.'

If the embargo is lifted in the USA that has huge ramifications on the value of these leases. I stand by my comments.