Geologically, Cuba is safe, it’s a stone throw away from Floria, the USA will not allow any of its enemies near its borders and cities. No nutcase with a small dick will invade Cuba, it doesn’t have grain, not enough oil, people still drive 1950s car, to invade Cuba, it has to deal with the USA. technically, if A1 was drilled to 4000m on the first run, we should be able to do it again with A2 and A3. politically, a Canadian listed company has been operating in Cuba for over 10 years, Cuban government needs foreign investment, foreign currency, foreign know how and technology, it will not shoot itself in the foot and nationalise a 200m company and scare off foreign investors. If you remember, president Obama in his last few years as president of the USA, tried to improve relations with Cuba, and at the time, joe biden was vice president, I’m thinking if Biden runs and win 2024, he will try to make up with Cuba.
MAY Price at posting:
6.3¢ Sentiment: Buy Disclosure: Held
