Very possible, or Tuesday as some on HC have suggested.
Could be an interesting week ahead :)
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Yes TH Monday ... news Tuesday is my pick then within couple weeks the same ... some of the BIG 2-3mill purchases I was watching go through last couple hours ... very exciting ..15c my retirement target ...yet I think it could well double that if they have hit the upper target range and we see re-rate of the whole BLOCK-9 with several more potential drill sites ... Billion barrel etc
Hell, once in a lifetime opportunity.....and I'm not all in. Should I...
An interesting Reddit posting on MAY here (from 6 months ago) -
https://www.reddit.com/r/ASX_Bets/co...ix_of_ivz_brk/
probably among better I have seen, with maps, diagrams and an interesting summary
Block 9 with Alameda / Zapato drill sites & prospects are not all these guys have
It looks like MAY were early entrants into Cuba in 2015, so got to secure pretty good prospects,
established good connections with Cuba National Oil & Cuban Authorities.
They have further interests in addition to Block 9 -
Santa Cruz (offshore) Cuba 100%
Beehive Royalty - potential payments
Ongoing Royalty / Residuals in Aust permit interests sold on AC/P50 & AC/P51
Turtle & Barnett (100%) prospects (next to Beehive permits etc sold)
Tassle Shoal Projects (100%) Aust
In the time since, there have been further announcements by MAY on ASX
and of course OIL has risen, and Drilling has gone into high gear.
At the time the Reddit user posted the article, it looks like SP was around AU 2.0 c
Without seeking to ramp things - the possible future value (if Alameda proves to 3/3)
just on Block 9 looks fairly interesting in the very least to current SP levels :)
JB - 15c may be a bit short of where this ultimately could go - who knows :)
Discl: Happy Camper
8.0 c broken this arbo on CHI-x - now 8.3c
Houston - this rocket is lifting off :)
Looks like a strong finish to the day? Trading halt tomorrow? Very exciting as a holder.
Tuesday Big Reveal Day is here ? :)
I certainly had expectations of an announcement this morning. I am surprised that the results are taking so long.
A bit of a pre TH tree shake & profit taking by the looks of things
Have to expect these things when most others are in the red & MAY is one
of the exceptions
I see someone suggested News from Cuba usually an ASX afternoon job
I am not so sure about the afternoon announcements? The last few have come out within a few minutes of the market opening, we will see in time but I would certainly a TH before the weekend. It has been a good run of late and I am not fazed at all by a down day today.