In all honesty, if MAY gets a good Cuban farm out or beehive goes ahead, I'd be happy for the deal to go ahead. I can't see Cuba happening, but beehive is a chance and is potentially massive. MAY at 5c would be the equivalent of us at 20c based on the proposed terms of the deal. Circa one month to wait to see if Total or Santos take up their option there. If not, MAY are dead in the water, if they do then the deal will have real legs.
Byron discovery, page-65
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