spot on Rocho.
SP hit 22c last year in anticipation of flow test but due to well conditions (high pressures) not favourable to well design, they had to pull up stumps.
You can thank the shorters and option conversion timing for your low entry price - not my business but an assumption and good on you if that's the case. maybe a thanks to the black pearl also...
1 year on from discovery we have 2 appraisal wells designed for the high pressures and oil already discovered by the exploration well. Both to be drilled in 2023 - at minimum!!!
New head office in Australia, expanded office and staff in Havana, strategic corporate staff employments, contractors engaged, equipment ready and tanker fleet engaged..
It's not hard to read between the lines on this up coming success story for a little known Australian public listed company.
In a few months time the Melbana Cuba discovery will be front page news and 22c will be a distant memory IMO.
This discovery has knock on affects also, reputation is what moves you onto bigger and better things...
All the best everyone for 2023 and beyond!!
CH
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