Guyanese are proud people....

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link black Joined: Feb 27, 2004
Posts: 33183
5/15/19, 8:34:43 AM 
Because of hard times, we have had to migrate to places, where we were not always warmly welcomed. Despite the hard times, we have never lost the love for our Country.

I hope the Government manages the economy so the every Guyanese can benefit from our newly found wealth.

Now, that the pendulum has swung in the other direction, I wonder who is going to come knocking on our doors.

link camos Joined: May 5, 2003
Posts: 48342
5/15/19, 8:37:36 AM 
In reply to black
Now, that the pendulum has swung in the other direction, I wonder who is going to come knocking on our doors


will be interesting to see how you treat the people who will come in!

link black Joined: Feb 27, 2004
Posts: 33183
5/15/19, 9:37:56 AM 
In reply to camos

It depends on who is coming in. lol

Seriously, everyone deserves to be treated with respect if they are willing to work hard.

link Elsie Joined: Nov 30, 2002
Posts: 1331
5/15/19, 9:59:52 AM 
In reply to black

Dude, the people who will migrate to Guyana are the people who are already migrating to Guyana. Poor Brazilians, Venezuelans, and Cubans who need a break from the revolution.

It will be like the words written on the base of the Statue Of Liberty: "Give me your tired, your poor, your huddled masses yearning to breathe free.”.

Don't expect Yuppies from the English Caribbean to migrate to Guyana; unless their employer stations them there. To them Guyana is a backward step. Whomever wants to come will be welcomed..

link XFactor Joined: Nov 4, 2005
Posts: 4442
5/15/19, 10:05:57 AM 
In reply to black

Well, after the squandering and bitter infighting that Guyanese are notorious for, I hope there will be enough to keep the lights on.


where we were not always warmly welcomed


Not surprising you mentioned the quote above, the Lone Star State has always fostered racism.
Thread carefully Bro.

link black Joined: Feb 27, 2004
Posts: 33183
5/15/19, 10:14:52 AM 
In reply to XFactor


Not surprising you mentioned the quote above, the Lone Star State has always fostered racism.


There's racism everywhere, Texas has been one of the better places that I have lived.

link black Joined: Feb 27, 2004
Posts: 33183
5/15/19, 10:16:43 AM 
In reply to Elsie

Don't expect Yuppies from the English Caribbean to migrate to Guyana; unless their employer stations them there. To them Guyana is a backward step.


I disagree with that statement, people will go anywhere to have better opportunities.

link nick2020 Joined: Jul 1, 2012
Posts: 21572
5/15/19, 10:24:59 AM 
In reply to black

Welcome back with a solid opening stroke. I am hopeful this quality will persist.

link nick2020 Joined: Jul 1, 2012
Posts: 21572
5/15/19, 10:27:29 AM 
In reply to black

Texas has been one of the better places that I have lived.


Texas like any state in the US is very large and diverse.

every Guyanese can benefit from our newly found wealth.


But most likely some more than others. And some not at all. Such is life of people who are mentally ill-prepared for riches.

link Elsie Joined: Nov 30, 2002
Posts: 1331
5/15/19, 10:34:16 AM 
In reply to black

Here's a very simple experiment for you.

Find any young and recently qualified English Caribbean kid.

Suggest to them that there are career building opportunities in Guyana. Watch the expression on their parent's faces while you're saying it.

When last were you in Guyana?? The only young west Indians I see there are those mid-level managers who work for Digicel and Courts, Massy, etc. Their stay there is for a finite period..

We will have to make do with the Spanish and Portuguese speaking folks, And the new wave of Chinese of course.

There's a Youtube video of a young Chinese businessman living in Guyana. He says it's the easiest place to do business. He has lived in China and another South Asia country before arriving in GT.

You should watch that interview, and see how fresh faced people look at Guyana today.

link black Joined: Feb 27, 2004
Posts: 33183
5/15/19, 10:36:26 AM 
In reply to nick2020

Texas like any state in the US is very large and diverse.


People go by what they hear, in more ways, Texas (the South in general) is more diverse than other parts of the U.S.

Such is life of people who are mentally ill-prepared for riches


How do you know that they are not prepared?

link black Joined: Feb 27, 2004
Posts: 33183
5/15/19, 10:38:11 AM 
In reply to Elsie

Those perceptions are going to change as conditions improve.

link black Joined: Feb 27, 2004
Posts: 33183
5/15/19, 10:47:00 AM 
In reply to nick2020


I have traveled all over Texas and parts of Louisiana and I have been surprised to see Black people where I never thought I would see Black people.

link Elsie Joined: Nov 30, 2002
Posts: 1331
5/15/19, 10:48:01 AM 
In reply to black


I hope you are right.... Those Junior Managers that I mentioned before seem to be enjoying their tenure in Guyana.

Once those kids get past their parents fear of them living in Guyana, they would be more willing.

For now, expect more of the people who have nothing to lose...

link bravos Joined: Oct 13, 2009
Posts: 37362
5/15/19, 10:48:50 AM 
In reply to black

With the 1% royalty etc how much does Guyana stand to earn from a projected 5 billion barrels over time? And what plans are there for the windfall? What about associated down stream industries and spin-off's??

At today's prices that's about 250-300 billion before costs etc which in this case would be more than 50%,how much is Guyana expected to earn and over what time period ?

Also wrt to people coming there Trinis have been there doing business etc selling our products from day one,from road works to building products to expertise and equipment in said project and are well entrenched and poised to benefit greatly in many ways,directly and indirectly,there are billions in T&T assets there already,including marine,drilling and handling.

I think with our well established ties,trade history,investments,expertise and equipment etc T&T's wider share (including servicing a higher value market with good services etc) may only be second to Exxon's,look out for the suck and run,they are notorious for that,Gov't has to be really astute, focused and proactive,dem grengos will eat dey supper and leave them with the bill..

Just know what allyuh doing with dem scamps...

We look forward to production.. wink

link jala Joined: Apr 24, 2004
Posts: 34109
5/15/19, 10:50:43 AM 
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trinis are already flocking to GT...life is funny eh big grin

link jala Joined: Apr 24, 2004
Posts: 34109
5/15/19, 10:52:04 AM 
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In reply to bravos

you are not aufait with the production sharing contract

the profits are split 50%/50%, with 1% royalty added to Guyana's 50%....so yeh, know your stuff first....

link bravos Joined: Oct 13, 2009
Posts: 37362
5/15/19, 10:55:57 AM 
In reply to jala

Ok so what's the projected windfall? Exxon will find ways to cut at your profits,so that's why I said they need to be on point at all times,this is from knowing my stuff..

Good luck,we eagerly await production..

link steveo Joined: Apr 30, 2007
Posts: 4660
5/15/19, 10:57:33 AM 
In reply to jala

keyword "profits"

thats after Exxon's expenses

Anyone that has worked in the business world knows about "expenses", I am sure Bravos knows about that

In reality it will be around 80 for exxon and 20% for Guyana

Any company would have even agreed to take 10% of the profits, because they know "expenses" will fill the gap

link jala Joined: Apr 24, 2004
Posts: 34109
5/15/19, 11:05:49 AM 
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In reply to steveo

profits will be had, regardless..... most contracts , especially for first oil, have cost recovery inked into it... and yes, the PPP signed this contract...but I'm Guyanese and i understand why they signed such a "first" contract... all other contract will see much better conditions for Guyana because we are now a proven oil producer .....

link jala Joined: Apr 24, 2004
Posts: 34109
5/15/19, 11:07:00 AM 
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In reply to steveo

you are incorrect...bro, be a Guyanese for once... smh.... you are so negative and pessimistic ..well, since 2015..soooo...yeh...

link bravos Joined: Oct 13, 2009
Posts: 37362
5/15/19, 11:10:40 AM 
In reply to jala

trinis are already flocking to GT...life is funny eh big grin


Clearly you don;t know how this works,Trinis and Trini equip were there from day one..or do you prefer import it from farther away?

In this case it is not Trinis simply flocking to Guyana for a random crumb,but Guyana having a need for services and expertise that T&T is brimming with and will be the first choice because of proximity,cost-factors and proficiency..

You would be disgusted to know the amount of T&T sub-contractors are on that project,your US dollars are appreciated,and like I said before T&T's share is significant,directly and indirectly as Guyana becomes a high value market for all else that we have to offer..

This is not a joke,and Trinis would never be the 'second class citizen' in Guyana because it is our expertise assets and proficiency that has us there..

Either that or you could source it from farther at a higher cost.

Your move Guyana..

link nick2020 Joined: Jul 1, 2012
Posts: 21572
5/15/19, 11:12:54 AM 
In reply to black

How do you know that they are not prepared?


Did you not see how the no confidence vote went down?

link jala Joined: Apr 24, 2004
Posts: 34109
5/15/19, 11:15:46 AM 
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it's actually 2% royalty...this govt renegotiated up from the 1% under the 1999 contract

link Jumpstart Joined: Nov 29, 2017
Posts: 1019
5/15/19, 11:16:32 AM 
In reply to jala

yeah, engineers, technicians.........well anywhere you have an oil and gas business, you have trinis.

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