Latest update January 8th, 2025 4:30 AM
Latest News
- ‘Our Stabroek Block estimate is higher than Exxon’s 11B barrels figure’ – Hess CEO
- Exxon to focus on exploring and appraising more of Stabroek Block before licence expires in 2027 – Routledge
- ‘All hell will break out’ if Gaza hostages aren’t released’—Trump warns
- Chinese company sitting on US$16B worth of gold at Guyana’s Aurora Gold Mine
- Guyana records 60% increase in workplace deaths in 2024 – Labour Minister
Whoever made those oil deals, you could have done better
DEAR EDITOR,
I felt somewhat disappointed when I read of the two percent royalty that Guyana would be receiving from Exxon. Then I thought of the opportunities our people would be having.
Then came the 1% recoverable royalty in the Orinduik deal. That 1% reminded me of my school days in Guyana. A neighbour of mine was attending high school in Georgetown.
His parents were very proud of him. After years of attending classes, he wrote ten subjects. When he got his results, his father was very disappointed. Out of ten subjects, he only passed one.
His father said to him, “If you had failed all of the subjects and got none, I would have been more satisfied, knowing that you are a damn dunce; but you passed one subject, that tells me that you could have done better.”
So to whoever made those oil deals. You could have done better.
Respectfully,
J.C. Grant-Stuart
Toronto, Canada
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