RE: Sardine hill and the Marcus Cicero vendettaCEO,
You are correct about one thing, Lumumba is not directly accountable to us. But this is not justification to dismiss the risk incurred by Shoreham shareholders in the deal. The risk is that the courts or a future Guyana government will rescind the deal. If this deal is challenged, inevitably the relationship between Shoreham and Lumumba will be scrutinized.
As to your comment:
"As for Walrond, so what if he was the former commissioner of mines andso what if he is being paid as a consultant. He is a private citizenand if he can get that deal from SMH, good for him. Duh!"
Yes, Walrod is a private citizen, but he is also one of two principals of Mariwa and a former commissioner of mines and has worked with the President in the past.
Walrod benefits from the President's decision through
-receiving the property back from the president,
-financial compensation to Mariwa for the Shoreham deal
-through consulting fees paid by Shoreham.
-the $250,000 paid to Mariwa by Shoreham for exploration data that is apparently available free through the Guyanan government.
Maybe this is a good deal for Walrod, but is it a good deal for Shoreham?
Whether any wrong doing has been done is a matter for Guyana's electorate and any future governments. The optics of the deal are not that appealing. The potential outcomes for Shoreham should be a concern.
Good Luck.
CEO there you go again trying to discredit what I say by making accusations about my motives. And again you do it in a particularly arrogant manner. I do not have a vendetta against Shoreham. I liked the exploration potential of Guyana.
You apparently have an issue with what I say and have a personal stake, be it financial or emotional. Rather than being upset with me you should be asking Shoreham for clarification of the deal. They were not unaware of the relationship between Lumumba, Walrod, and the President of Guyana when they signed the deal.