And this is what's leaving a very sour taste for those of us who have held on since the start of the Cuban Spud. Nothing but hype from management, without smart delivery....
AP big swing dicko hunting for the BIG win for his EXIT left ... instead of smart Oil businessman develop the easy to produce OIL in the Amistad year+ ago ...to be at present having 5000-10000Bopd+ giving FCF 2P reserves for bankable funding
to then fund 3D to get best place to drill straight to the Marti and Alameda ..
In an strong economic position...
Its like AP went to the Casino found a great betting system to make solid money over a longer term but got cocky and wanted the BIG win and dumped all on black ...
Low Capital position. RIG going off-site, needing to raise funds to drive Amistad development, == major dilution 2-2.5c placement ??..... SNGL might just put us out of are misery and offer up a token amount for the other 30% ..
MAY Price at posting:
2.8¢ Sentiment: Buy Disclosure: Held
