RE: Disappointed with the price.....25 Jan 2021 14:54
...a tad harsh considering we are only a few weeks away from finding out if we do actually have any oil. As for the Bahamas turning down the revenue, I find that highly unlikely. 40 miles from the nearest inhabited Bahamian island, strong currents and already a multitude of oil tankers travelling this route. With the proper guarantees in place, I cannot fathom why the Bahamian people would turn down such a wind fall. Still, its all subjective as we have yet to find any oil. Mr Purple leaving due to personal reasons is a bit of a side swipe, he has always said he wouldn't desert the share owners of CERP ( check previous interviews ) and he was aligned with them ( 1% of the overall company value were his words I believe) So, the optimist in me says that there's oil, not sure how much but its there. LK can legitimately say he left the business fulfilling his promise to support the shareholders. Maybe he didnt want to muddy the waters once the announcement is made. Quite frankly who knows? We are all just guessing. Some of those whos research is exhaustive have perhaps a more targeted opinion, but its still guesswork. Not long now and one side of the argument will claim victory and the other defeat, lets just hope we are all magnanimous in our victories what ever side you are on. My glass is most definitely half full... or more aptly 30% full.