Hey brother, trust what you say implicitly regarding technicals & seek only not to remain ignorant, not study to become a specialist in the field..
That takes years we all know it, or rather some do ;-)
Problem at the moment that nearly all in the exploration/spec end of the market have is related to ongoing funding & the perception driven sentiment of "where is it coming from" that is creating..
Things are tough, hence timelines slip, hence perception peaks, hence sentiment fades, hence sp drifts sideways or drops, simple.
Chicken little, not bears, is in charge at the moment & no one is willing to handle the hot potata, hot potata.
Also this is Cuba, which due to ongoing yank embargos means people would rather cuddle a leper than invest in a "communist outpost"
AP said quite clearly they have funds to support any and all planned activities for this year & still people ask the question or cry "CR" coming.
Where as the announcements indicate that elements necessary for field development planning are all progressing well.
Which in simple english means moving toward the agreed target at an acceptible pace so that the independent certifier has all they need to award the all important classification to the current contingent resources which then opens the pathway to debt funding, not capital raising, for the purpose of further development and production.
Now at some point that will become clear, barring any black swan event & the fact that the accepted oil in place, recovered at only 6-8% (for argument sake) and pumping at a final 20k bopd (for argument sake) will produce for some 50 years..
Which at a 5% or even 20% discount to the WTI price x 20k x 365 x 0.3 = A nice little earner you can wrap your bollies around for quite some time ;-)
But till then I'll go back to fishing lint out of my belly button & wait for your signal that we are clear for takeoff..
it's all hurry up and wait from here...
Actually, I tell a lie, I have another little child with special needs (no offence meant) just down the road who if there condition doesn't improve might need a trip to the Doctor..
Current symptoms being pale, sweaty, constipated & malnourished..
Accidently ate some ratsac (Con note) and been going downhill rapidly since.
Called an ambo & will just monitor vitals till they arrive.
gltah in this and other stocks..
h8tey
