Guyana stands to reap billions over the next decade! Then the party is over! Guyana contributed absolutely nothing. Had Exxon not discovered oil in the nick of time, or ran into the Tullow fiasco, Exxon would have eaten all cost and Guyana left with usual cane-sucking white mouth!
It is now for the GoG to deploy this windfall and build the economy for the next leg beyond oil!
Even with this tailwind lucky-strike, it will transform Guyana beyond any other prior lucky-strikes!
In Business there is a concept called Risk and Reward. You are rewarded based on the risk you took!
Guyana took ZERO risk but is being rewarded because they have “tenuous” legal title to a piece of real estate way offshore, with the oil buried 15k feet. The territory is claimed by another country! Guyana cannot even defend it in event of enforcement!
Half a loaf is better than none!! Ayuh cane cutters need to ketch some sense!