ASX:MAY 2024 Discussion Thread, page-7

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ratdog1031

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02/01/24

16:54

Post #: 71696065
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Originally posted by Flambeau: ↑

1) 35000 barrels per day is just Amistad. If you don't like it, then lucky for you we have Alameda and Marti reservoirs.
2) "outlook tells you exactly the demand for your oil type" or they would rather spend resources on Alameda/Marti etc? They have always said Alameda/Marti is the primary objective.
3) "production on Cuba has fallen by 20 percent" yes, Sherritt ceased almost all oil and gas Cuban operations because their production PSC's expired.
4) "had 2 years to make deals with MAY". They already have a deal with ASX:MAY, it's called the production sharing contract. ASX:MAY also wanted to drill Zapato which ended up failing. Also if you are suggesting Cuba should just throw millions of dollars at Alameda before the appraisals are done, that is not something that ever happens, for example, no-one wants to fund ASX:IVZ, because they also have not appraised anything, so instead ASX:IVZ needed to dilute their shareholders, even though you lied to everyone and tried to tell them they wouldn't perform a capital raise.
5) "exit in the coming 1 month" yes, I am counting on you exiting after the unit 3 test, then after you exit is when I will post my bullish analysis, I am waiting for you to sell, yes. Obviously, I am waiting for Alameda/Marti for the higher pressure and higher API and potentially bigger reservoir (they can log more with a better well design in my opinion).

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post my bullish analysis..

Flambeau- Why don’t you just post it already?? who cares if he sells or not.

ps, Does it have the year of Marti? or just the year of the dragon.

MAY Price at posting: 7.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

1 Great analysis

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ASX:MAY 2024 Discussion Thread, page-7

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ASX:MAY 2024 Discussion Thread, page-7

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