Latest update June 4th, 2026 12:30 AM
Aug 17, 2024 Dem Boys Seh, Features / Columnists, News
Kaieteur News – Dem Boys Seh when yuh think yuh hear it all, de Vee Pee does come out and mek yuh scratch yuh head. He seh Exxon usin’ equity and retained earnings fuh invest in Guyana. Now, deh’s where things get funny. Yuh see, de company dat doing de investing in Guyana is a subsidiary. Yes, is Esso Petroleum, not ExxonMobil directly.
Suh dem boys wanna know, where de equity really coming from? Is it Esso, or is it de big boss, Exxon? And if it is de parent company, does dat mean Exxon advancing de equity without no interest? Dat soundin’ too good to be true.
Den de Vee Pee talk ‘bout rate of return on dis equity investment. But how can yuh get a rate of return when yuh sharing profits 50-50? Last time we check, 50-50 mean everybody get half, no extra.
Dis thing gettin’ real confusing. One minute, de Vee Pee seh one thing, next minute, de facts ain’t adding up. Dem boys nah too sure if he even understand wha he talkin’ ‘bout.
Wha dem boys sure of is dis—if de big ExxonMobil advancing money to lil Esso without interest, den Exxon gotta be de most generous company in de world. And if dem getting a rate of return on top of dat, well, dem boys seh Guyana might as well start printing its own money, ‘cause nutten makin’ sense no more.
But hey, dis is Guyana, where oil money flowin’ and common sense drownin’. De Vee Pee seh it, suh it must be true, right? Dem boys seh if yuh believe dat, yuh might believe de moon made of cheese too.
Talk half. Leff half!
Subscribe to get the latest posts sent to your email.
Your children are starving, and you giving away their food to an already fat pussycat.
Jun 04, 2026
Kaieteur Sports – Karting action returns this month with bigger and better prizes, following the announcement that Jumbo Jet Events is staging the Need for Speed event, where over GYD $17 million...Jun 04, 2026
(Kaieteur News) – Every day you pick up the newspaper and you are greeted by another tragedy on our roads. It has become so routine that we scarcely have time to absorb one horrific accident before another takes its place. Just two days ago, three persons lost their lives in a devastating road...May 31, 2026
By Sir Ronald Sanders (Kaieteur News) – Signed on 15th May, 2026 and released on 25th May, 2026, Pope Leo XIV’s first encyclical, Magnifica Humanitas, marks a significant moment in the long reckoning with slavery. It contains the clearest papal acknowledgment to date of the Holy See’s role...Jun 04, 2026
Hard Truths by GHK Lall (Kaieteur News) – No! It’s not oil. It’s bigger. It’s neither mountains nor minerals, seas and forests. Grand, indeed; but wrong again. None of those even come close to God’s greatest gift to Guyanese. All of them. Whoever is such a Gulliverian figure...Freedom of speech is our core value at Kaieteur News. If the letter/e-mail you sent was not published, and you believe that its contents were not libellous, let us know, please contact us by phone or email.
Feel free to send us your comments and/or criticisms.
Contact: 624-6456; 225-8452; 225-8458; 225-8463; 225-8465; 225-8473 or 225-8491.
Or by Email: glennlall2000@gmail.com / kaieteurnews@yahoo.com