There is minimal sovereign risk in Cuba that’s why Sherrit
is there and is Canadian. Cuba consumes 50k-60k barrels of oil per day any discovery will be consumed with surplus exported even to countries around the area. This is a panacea for hard currency requirements for the country. I’m always about the people not politics and success here helps common folk with nothing. Like an embargo
makes life misery for most except the wealthy/elite who it’s meant to target, success helps most here.
processing risk is equally mute if it’s light oil their will be more margin that’s all.
Poor day traders if wireline logs are not that great there is still the target above it as it’s updip oil bearing (another well), there’s still an appraisal well for the upper sheet, then there’s still the main target up ahead which has a much higher probability of success based on drilling to date
then there’s zapato fully funded. Oh there’s leads throughout the permit after more seismic
Not a one trick pony … just a dog that might win Westminster after 20years with a few more shows to go
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