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Art-and if not the US majors, who is left to make nice w/SEO? We know that answer.
would sell to the chinese, indians or both. They already do business w/Iran.
Jan Hartman? LOL EOM
But When Pray tell? When? EOM
If there is any meaning to the Thai connection I bet it involves ERHC/AXC bidding in the Nigerian auction with PTTEP. JMHO
India and/or china? eom
are we bidding with the Thai's in the next Nigerian round? in consortia w/Addax maybe? This sounds separate from the JDZ.
Actually, including NICK, that number goes up to $6,000,100. eom
I said "folks"--as in more than one. Couple of people w/over 1 Mill easy. I have a very solid position but nothing like them.
Majic-I totally agree-that was based on a very informal poll and not everyone obviously participated. I personally know folks with almost 6 mill shares.
We once took a poll on how many shares people on RB had-before Ihub. That was around 2 yrs ago and the total I believe then was around 12 Mill. Some people here have hefty positions.
The Chinese love to do business with Iran. They would be good buyers as well.
Maybe Spec, but then I have to believe that the buyers, assuming individually/corporately, are buying atleast 5% would have to buy. I always thought the "sophisticated Investor" issue pertained only to buying from an offering of some sort.
Thanks for your postings and feel free to feed us a few crumbs if you are ever in the mood. Nick is hungry!!
Spec-he would have to file w/SEC any private selling though as he is an insider and as COB does have a fidujiary duty to us commoners-wouldn't he?
SPEC-You have certainly been consistent in your opinion of no pending deals out there.
I doubt very much an is privy to any confidential info until he is told to issue a PR or something. JMHO
Are you serious this time? Hope so!! eom
When is the next meeting? This Friday? Anyone know? Thanks.eom
Art-keeping the data private eliminates other non-JDZ participants from learning about the true amounts of oil estimated to be there and thus eliminates or atleast reduces the potential for outside co's bidding for licenses held by the JDZ participants. Remember there are some smaller players in the JDZ who might be willing to sell-out to the highest bidder.
Not trying to provide cover for him but it ties in to the co's lack of providing info to the shareholders. Show me any SUBSTANTIVE info released by the co showing anything pertaining to discoveries, partners, rigs, etc.....This is the substance of his posts thus really unable to verify.
EE Bass-problem is that there has been NO official info released at all that would allow one to check the accuracy or results of any of those posts.
Because you have impressed everyone with your financial prowness. eom
Oilphant:
1.Are the 2 parties Snp and Ongc;
2. Are these 2 parties combining to buy-in to ERHC; or
3. Are these 2 parties combining to buy a controlling interest, ie, 51% or more; and
4. When will us commoners officially find out?
Thanks
I would have a hard time believing that there would be no legal ramifications to the Chairman of the Board sellng his personal shares for so much higher than the current market value. I don't see how this would be legal and not considered a conflict of interest of some sort. But as Sgt. Schultz said: I know Nothing!!
Disagree but who knows. The required seismic work alone required by HDY will itself be very time consuming. Re the water depth, certainly much deeper but the technology as CVX, ONGC and others have shown is there.
I will also search. Shouldn't be too hard to find if the info has been publicly released.
HDY has always been sort of a sister company to us. It has always been followed and compared to ERHC re pps an future potential. Don't assume HDY will continue to shoot up. It has had big rises in the past only to sell-off and come back down big.
ERHC, with the exception of pps performance obviously, is way ahead of HDY in terms of oil potential. They don't have the seismic nor the international interest that we have and they are not in a known prolific oil bearing region. The JDZ will see oil, imo, WAY ahead of the HDY licenses.
For Hindu's the cow is sacred. Better to BBQ chicken or fish. eom
OK-Putting couple of kids to sleep now. Calling it a day. Our day will come. Good night all.
Canadian military? You should be investing in real estate in Ft. McMurray. lol
Where do live Breze? I'm in S. Cal. eom
They wouldn't be buying ANY shares till a deal is inked and no deal w/anyone finalized yet. I would think there would have to be shareholder approval for a buy-out and for a buy-in of over 5% I think there are SEC filings that would be public. JMHO
agreed. eom
Too funny. HDY signs its PSC and the PPS shoots up a dollar. We sign PSC's and we go down. I'm happy though for the HDY folks.
Although, we know that to avoid bidding against eachother and escalating prices, China and India have formed a loose alliance now when bidding on major projects so who knows.
thought it would be confucious. eom
Who really knows, but maybe the Indians are coming!! Just more speculation I guess. eom
Sidewinder-I think today was Angry Asians prediction-not Oilphant.
Manti and Dat--He was replying to my q re whether .37 was a price or a %. He replied dc %. I am dc. lol