We are all patiently waiting for a few more negative news catalysts for example:
1) The Alameda API which is likely to be similar to the Marti API which will likely be published in the ASX:MAY June Quarterly.
2) The forward plan for Alameda (which I assume will not offer an acceptable solution to the market).
3) The next quarterly finances which will reveal that they might not have enough cash for a $30mil+ 3D seismic or multiple shallow well development plan.
4) Whether or not the drill rig is going to be used for North Cuban coast gas drilling.
5) Or even worse, no news, which could be a sign of something bad (the pattern in the past that I have observed is if they don't tell us anything, usually that means they have nothing good to say).
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- Ann: Block 9 Alameda 3 Appraisal Update (Alameda reservoir)
Ann: Block 9 Alameda 3 Appraisal Update (Alameda reservoir), page-837
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