RE:RE:News!Guys listen,
This is positive in all respects, the expansion of the board is a major issue as it speaks of having more experienced and specialists hands on board for decision making. I recall that I once attended a face to face AGM in Toronto and it was just Suresh and two older guys and I didnt feel at all good. I always say a crowd draws a crowd. Now we have 6 Board members sho are highly skilled and experienced in their field so that IS good news!
Secondly, they said that they will spud in the 2nd Qtr, if they said that then trust me they are not idiots, they have a plan for financing. "Well design is completed and procurement of long lead items and recruitment of key technical staff are in advanced stages" . All positive news. The Berbice deep water project is another long term show of committment to the industry and when that is completed it will be big for Guyana as an oil nation.
Finally, clearly there must be some belief that those options will be worth good money to these guys in the future and trust me those are a lots of options so they have good incentive to take this share price up.
Good luck to all the longs!