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Thank you TT.
You have it !
So sorry ...BUT:
Bulls—t
Todays Crude market:
Brent Crude Oil 51.5 / BBL 0.82%
Light Crude Oil 48.36 / BBL 1.12%
Natural Gas 2.636 / MMBtu -1.56%
Unleaded Gasoline 1.3881 / gal 2.54%
Maybe 4 too?
Do you think Total is drilling block 5 now?
2 reasons
1) GAG Order
2) keeping the shorts awake at night.....
Emdyal..... I agree crude oil market is improving..that will encourage the Majors to kick things in high gear..
there's something there...and I think it's BIG...
Go ERHC________________
_______________________
Possible???
Now that Shell is entering the JDZ/EEZ (?) maybe..... It occurs to me that many "Contracts" have an Escape clause provided for lack of performance. We all realize that the Covid 19 Virus has tanked the crude oil market and oil demand in most areas. So, how does that affect ERHC? Some might say that a "Total" oil company 'could' drill now, taking advantage of the lower costs related to exploration costs. Finding Commercial oil, Total could cap/plug that source waiting for a more favorable market. The Lack of performance clause in the "Contract" Might allow ERHC to entertain other offers on their block 4 and JDZ. (IF the clause exists) Shell didn't fall off a turnip truck so...maybe they swoop in and not only offer quicker performance BUT....also a sweeter deal?
(SAY...750 M. cash...PLUS 35% bonus on all commerciality....)
hmmmm?
Exactly ....
Some doubt and challenge prospectively .....
Others quite excited about the fact that so much has been revealed, knowing
The share price will mushroom as other details follow .
China virus plus low crude oil prices also has been a delay for all oil companies...
BAIT !!
there are 3,931 reasons longs will receive rich rewards...
study it.....
here's the link.....
study it my friend.....
There are 11,238 reasons why there are shorted shares....
Go ERHC_________
Already done.
Check the history.
Maybe.... Not too late to offset shorted shares with the cheap .0006.
Shorters will be less sad if they do an offset.
I think there are offers to buy some online for a buck. (I’ll sell some of mine but my price starts at $8.)
Hmmm
I’ve seen that question before.
It’s been answered many times before.
You already have the answer. (Now, back to sleep)
It will sink in some day.
It’s the seismic info.
Are you unaware of that?
It’s basic. Read historical information.
WAITING..........??????
How many Billion barrels of Crude do you think Block 4 has?
I’ve heard anything from 1-2 to over 9 Billion barrels.
Where do you think our SP will go?
Block 11A in Kenya was another great block for ERHC...
CEPSA liked it to the point they offered 35% of commerciality....they only drilled 1 hole and left...
BUT.....there's something about our block 4 EEZ that both Total and others like....
WE'll see....soon.
A reasonable deal for Offor and Management (plus shareholders) with Total won't be less than 3-5 hundred million cash Plus...
A high percentage of "commerciality" of findings in it's JDZ blocks and Block 4....
Total will enjoy many Billions depending on findings....ERHC management won't want to be "Stuck" with a measly $500 million.....(that spells the end of ERHC and any future in the oil patch....
Your point is well said and completely totally understood. (even by newbies and those that hold short positions)
At my last count, discussed over 2-3 hundred times. At least!!!
The dialog hasn’t changed since the 400 page contract.
And prior to the “Document “ at least 500 times the statement about the SP being at less than a penny from the investors who hold short shares.
We continue to make statements of facts about our ASSETS. Yet......
Here we are continuing to discuss Shorter’s lame excuses.
BORING !!!!!!!
Go ERHC——
Zzzzzzzzzzzzzzz !!!!
Bulls—t.
Go ERHC—-
False narrative.
If you agree .....Say so.
See previous comment !!
$$$$$
Go ERHC—-
I think we “Longs” are truly Blessed !
And
They know it!!!
Go ERHC——
You may be right badog.
Based on ERHC’s assets and their 400 page signed contract with Total (International oil company)
Kosmos (another International Oil Co. )
Spent many millions trying to regain control of our Block 4....yet, Total is it.
And only based on the extensive Seismic’s
I am adjusting my $8.00 per share price.
TEN BUCKS is now our target price.
Go ERHC——
Likely....Kosmos and "Shorts" will be
Taking a KNEE !!!!!
GO ERHC_____________________________
Karma ??
He who has the last laugh??
Can’t wait
Yes...Very clear and obvious that Longtimers are extremely happy that revocation is OFF the table...by at least 90%...
Market crude oil prices are moving North and the outlook from the market signals continued crude oil growth...
A real "Thanksgiving"
GO ERHC___________
Happy Thanksgiving to all of my ERHC friends.
Indeed !!
“GOLDEN”
Thanks M6
Posted to other board. Erhc
OO
From Manual 6
SEC ruling for ERHC no revocation.....so far https://www.sec.gov/litigation/opinions/2020/34-90517.pdf