d-day aheadSo next week, De Alba is making two presentations at the "International Energy Conferance and Expo Guyana 2022"
https://guyanaenergy.gy/about/ On February 16th at 10am he will present activity updates and in the afternoon on the deepwater port at 2:30. I doubt that these will be the catalyst for deal making, as any interested party would already be in negotiations, but, it would serve as a prestigous backdrop for an announcement from the polical elites of Guyana....
Couple this with Hess suddenly dropping out of GOM to focus on Guyana...
Last time we had a big drop in price was just prior to the hasty last minute press release of December 15th, when news was due. We are now waiting to hear about Demerra and the stock has dropped...
History does tend to repeat itself.
I truly believe in this story, and have only endured a decade of this fickle mistress. But, I do feel she gave myself, and all who were present at the time, a chance to double down. At that time, CGX opened themselves up to include all of us to participate, and I am grateful, even as we have plummeted to $2.82 LOL all the way to the bank.
All the best,
Cheers