"Senate Finance Committee Chair Ron Wyden, D-Ore., last week introduced the U.S.-Cuba Trade Act of 2021 to repeal the major statutes that codify sanctions against Cuba, including the Helms-Burton Act and the Cuban Democracy Act, as well as other provisions that affect trade, investment and travel with Cuba.The bill would establish normal trade relations with the country."
Cuba has announced it will allow private businesses to operate in most sectors, in what is a major reform to its state-controlled economy, the BBC reported this week."
MAY are booked in for the 3rd week of June to drill their first well in Cuba. Some comments below from their MD.
'So here we have a 416 million of oil equivalent, prospective resource previously with Cuba, it's all we had 236 million barrels in our drilling program.There, everything we're targeting, it's all elephant hunting.'
Needles to say this is an enormous drill. By the time June arrives I expect the "anti cuba embargo" movement will be all over mainstream media. Presently the market values these assets at nil. Should the embargo be lifted or relaxed the value of these assets goes up astronomically.
