It's more of a pragmatic approach. If a deal was done with a subsidiary of Sinopec or CNOOC then the company could tap into strong technical and operational experience as well as into networks for the sale and refining of the Cuban product.
I certainly hope that MAY are at least considering such alternatives.
After the recent chain of delays, bad luck, technical failures and ball breaking announcements, market confidence needs to be restored. AP and the team need to demonstrate they can achieve their newly stated goals within the stated timelines. Add in improved communication and the chance of a successful recipe will increase.
$1 Billion company in 3 years? The clock is ticking....
It's more of a pragmatic approach. If a deal was done with a...
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