Ann: RIU Good Oil and Gas Energy Conference Presentation, page-73

Yes your points are very valid. Proving the monetisation of the production is critical.

I struggled with a phrase to describe May's on-going role in Cuba (ok...not active producer )...I guess what I was trying to say (I think Kanga hit on this as well)...we are not going to be the production operator, managing pipelines, and all the logistics and downstream stuff for the next 25-30 years. I just can't see us doing what Sherritt has been doing for the past 20-25 years.

I agree with you, we will get the additional 3 wells-pads up and drill as guided by EJ, prove up the production potential of the Alameda structure (and hopefully the Zapato/A2 lead structure). That's the 18 month plan....what happens after that in Cuba? 18mnths is a very short time....they must have a 3-5 year strategic plan. More thought needed, more information needed. Cheers.