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now that we have acheived goals of awards...in both jdz and eez...
our filings orginized and made clearer,there isnt much that the ...OLD MONGO can dredge up.I guess we could discuss foreign markets if that is all that is left to find ulterior angles.
funny how many longs from the old RB days and move to IHUB...remember that "LEGEND" Mongo..and his relentless sec devotion....hmmmm that seems to be gone!!!!
Post away Ponzi
Ill say you are devoted to ERHC as you have been here and there for many years.
Happier days are ahead
All this is.....JMHO
Yes I can
Ponzi since the requirements to get onto another exchange (desirable exchange) will take more money in bank and revenues cash flow. This Is Their Goal....influencing the share price positively so it is recognized by market to have a determined value minimum(lets say 3 to 5 $ US....this is what ERHC is striving for....I cant see this being hard to understand.
a more respected and visited US exchange would be a boone.
I guess IMHO thats where we differ...I see this as clearity....and you have a different opinion.
I dont put this as an immediate event ...you seem to be putting opposite assumptions in play.
lets hope with results they feel pleasantly surprised and can see profitability
sorry Wall:
I got caught up in the talk about the trading with nite and able on pinks...You are right!!!
The point I was really trying to make with Ponzi is that
..what ever exchange we uplist to will be a welcome change..but..I would still desire a US listing in some way ...so shareholders have some recourse.(NOT THAT WE HAVE NEEDED IT).Sometimes a better insurance plan has a higher premium.
Things are unfolding in JDZ ...IMHO our value will reward us.
baz
will we ever acheive comparable value staying in OTC BB PINKY land?
The UAE consists of seven states, termed emirates, which are Abu Dhabi, Dubai, Sharjah, Ajman, Umm al-Quwain, Ras al-Khaimah and Fujairah.Could it be that Dana Gas has covertly enhanced it's country's positioning in the JDZ if the scenario of Total/UAE partnering up for the missing quinella?...SNP/TOT/UAE(via dana gas and whomever else is required? Lets not forget the Millenium group and its connections too.
Just a thought on this subject.JMO
Baz
Why would they want to stay on the OTC BB
if you read the company's statements ...they have said (on web site) that they are expanding to AIM...south african bourse, and a nigerian listing,and a new US listing Nasdaq or NSE eventually.their intention is to be off OTC BB Pinks.
baz
ERHC strategies works right now for the patient investor IMHO
Well...if that scenario takes place(and im assuming we should have first round drill results) LOL,then surely along the way we will all have our options to our comfort exit points:no biggie.
Much will happen with the next 5 yrs in the GOG IMO..as there will be much consolidation within companies here.
So back to first line....over the last 10 yrs of patience here I have also diversified with many small canadian small caps..invested in Africa and IraQ(KHURDISTAN)...where incidently the ASIAN Sharks are also swirling.
I'm 57 and within 5 yrs most of my CALCULATED gambles will be hit or miss.Yes we have misses,I have a few....but...the hits way make up for the misses...and with global consolidation and.. the " ASIAN"...impetous and thirst, NEED for energy,..the companies I have chosen have large concessions and are sitting BAIT.
You cant win them all...but you sure can employ good strategies,and unlike these drill results, they are alot more transparent.
Happy investing ALL
BAZ
Rapp
you know how hard this investment has been on most longs' state of being.I't truly has been a struggle to own...lol...and sweet to accumulate @ available times throughout the past.
I truly beleive in the Geology as hydrocarbon baring so my DD has been confirmed..ie all the discoveries in the GOG in the past 10 yrs.Yes,this small company IMHO " WAS " a gamble for me.
I say was, as I have been in the lucky possition to adjust my initial cost base...and now have a triple on what I have now riding as a free carry from myself.
I can be patient in this position(still anxious for news though)
We are still here...a small USA/Nigerian backed company.
We fought off XOM...rejected CVX....released Pioneer/Devon...foiled Anadarko.
WE this small company?(how so with what power)
We brought in ADDAX...SINOPEC
WE..Our consortium....fast tracked the drilling program..after ...a political push?.....Economic recovery impact?
WE..small minnow company?
time warp...back to the JDZ creation...WE were instrumental in this begining!
Now tell me again how a "p*ss ant" company like us could have arranged all this and 10 yrs later still standing..let alone on the Cusp of IT'S just rewards!!!
Jumbo Jumbo
Asante sana
Baz
SSC:
it's certainly a possibility..lol
IF you were SAO TOME/NIGERIAN POLITICO,would you wait more time than what fast tracking would take..OIL TIME of course.
this is a logical question to you.
another 1...Who owns the resources..ultimately who would have the clout(if required by National Security of the region).
IMHO max time for results ...Sept.15th 2010
IMHO we will hear about deals in the JDZ.
I hope we are part of that.
It all depends on ERHC's/Offor's vision for us.
For the sake of not being too optomistic for you..lol...IMHO..by Jan 1 2011...I will be richer beyond my dreams financialy...at least all this waiting 10yrs...I have been tried and given time to work on enriching my life from within!
Rapp:Just wish i could take that to the bank...LOL
We are worth more than .62..this im sure of as SEO/Nigerian Politicos also think that too!!! we are still here.
good luck to all
Baz
P.S. the PSC contract said 5 yrs would be the longest possible waiting period for results...lol..with a real good reason I assume.
So your 10 yr scenario..doesnt look possible....lol...oopps back to square 1.
for info only......2006
Yang says :they made a real good deal..I SHOULD SAY!
http://www.chinadaily.com.cn/english/doc/2006-01/10/content_510884.htm
for info only......2006
Yang says :they made a real good deal..I SHOULD SAY!
http://www.chinadaily.com.cn/english/doc/2006-01/10/content_510884.htm
LOL..
1 more note Yankie
I hope SNP doesnt wait for another market correction before it puts a value on #'s from the JDZ and possibly US...YIKES!
Im banking on Offor filling many boots to the top...ill be happy to raise both my boots to him when the time comes
Long here TILL?
Baz
WELL
I guess the chinese knew that even with 2 bil recoverable x 45%= 900,000,000.
45%of 225,000 bbls/day= 101,250 x 365.=37 mil/yr=63 yr project...LOL
Either the Chinese company knows that these numbers will double or more to make financial sense......OR..OR.....
China will do what is needed to ensure its own population will receive fuel,energy to keep up its western existance,most likely to it's folly or if not then maybe the world's>>LOL
Yes t'is strange times !!
Baz
sorry for stupidity Yankie
why reference that article that states 2 bil recoverable resources...not 1.3is this a time sensitive figure?
yankie: you being the cypherin type!
how do they get those numbers?
900,000,000. x $4.65/bbl= just over $4 bil.
now over how many years?
sorry but Im missing some brain matter.
thx
Baz
hey guys
CNOOC paid $13.45 aprox/barrel for their AKPO buy in.
economies of scale:
IMHO Total will reach ROI in the JDZ quite a bit more quickly than any other major could in this region..as yet.
Total's infrastructure and technology of "THIS REGION" wont be duplicated or completed quickly...as it was not,(is not)a cake walk for Total 10 yrs ago,when this AKPO project started.
IMHO....XOM and CHEVRON cannot make this region work,quite possibly for the next 7 to 10 yrs possibly?
Total can bring on production "fast track African style",far quicker with Chinese backing and the NEED and IMPETOUS from an antsy "STP/NIGERIA?" toimminently (as they see it) financially and possitively improve the countries'ecomomies.
Total and the Chinese are very tight. politically speaking?..IMHO the chinese are happy that the french dont mix into other countries issues unless forced...and even then they abstain and show support to Asia that way too.Total and China are hooked up well in west africa and appear(IMHO) to be hooking up again in some sort of consortium with all thumbs up!!!!
Just an opinion
Baz
OJO
Only Just Opinion.
sounds like old "chinese" saying
sorry for the 50's/60's stereotype.
by the way..this #Oilphant is not the same one as the original.
IMHO...the first 1 was witty,where this # we have now seems .....MORONIC.
Baz
doug: question? ERHE trading
I was just following for the last 5 mins on the real time buy screen with Royal Bank.
we were trading at .675...after 191,699 vol.
enter last min then time ran out and viola back to .68 and vol.of 191,799...my ignorance here is vast...but what happened there...sp went up .005 with 100 shares.Since I was constantly refreshing my screen in that last min. was it normal(LOL)..MM trading?
here is a chance to educate !
hope you give it a go.
good trading to you
LOL
good one doug.
jim:
1st fluffer ala Jake?
Knock-out blow to follow!....hopefully drill results..(then phase 11 committment......drillship slot).
we are very close with the SH meeting April 27th...IMHO this meeting even with its mundane stuff...will have lots to hash out with shareholders..aimho
this will be a welcome event....sitting tight and possitively looking for shareholder value enhancement!
"Its gonna be Delivery time"
Baz
disclaimer....this is not ment as a pump push...and certainly not meant for trading purposes.
TamTam:
thanks for the info.
was wondering if you might post up that cherry tree picture again...wifey doesnt believe me.
thanks
Baz
LOL Krom: ERHC Energy shareholders and
to all who read..We control the vertical....We control the horizontal...
WELCOME to the "INNER LIMITS"
Baz
oops sorry new lap top.one quarter mil.....peanuts to most here it seems.
AMJ
In my opinion its wining ragging thats my perception as we all know your stance all too well.
I will not get into a PPping contest with you.
I have well over a quarter mill shares...to which you and your friends would call peanuts..so be it..Also my opinion.
I am long here since 2001..I have averaged down several times and am already smiling with my investment.I mostly buy this though I have sold at most 10% ever!!!
I can wait for announcements.....you seem to have more pressing financial concerns than I. I understand why you want more info...so do we all.One IMO..can draw a collusion of sorts for purposes we as shareholders will find out about when they become either MOUs or official deals.
Good luck to you in your Vocal persistance.
I truly dont see it making much difference.
Good fortune to all ERHC holders (all varieties)
Baz
MZ
I agree...lol
I will call on BB to possibly repost the link....sorry for getting involved.Even though i dont support AMJ in her wining about management...lol..I guess it's just the constant wining I dislike.
Management can be easily criticized I reckon even if their strings are limp waiting for the next tug on for direction.
I say BLAME SEO for everything...ALL OUR SUCCESS and some failures that were quickly turned around..we all know that history with awards..and the 5 mill bank loss.
SEO and the "Boys from Nigeria" call all the shots so I believe.
I for 1, am very happy to be associated with them at arms length as another shareholder as I think I am riding a winning coat tail.
Baz
MZ
I too saw that post and also read it in filings...AMJ is right on this one.
The 4+mill SEO and other godfathers of nigeria(feltang) received and also the 5+ mill shares that this Entity also received,are waiting to monitize that money and shares soon!!!
deal maker is a deal maker...and those upper crust nigerians wantto monitize that money and shares soon!!!.An official deal is needed first.....AMHO
Baz
hey gang/stas...lol
enough attacks please...we will know soon either way.
Longtimer, you are obviously right...lol..although I would rather see the 2 pens in both pictures for confirmation!!!!
Lighten up peeps...surely we are better than this.
Tippee toe,Fluffy clouds...fluffy clouds
GLTUA
baz
Sideeki:semi-OT
I'm surprised it says Winnipeg as they have factories in Mexico.
If you need an inside man in Winnipeg...im the guy!!!!LOL
I'ts 480 miles noth of the twin cities Minnesota,(where ever the hell that is).Just follow hwy 75 north...lol
that was a great hockey game,and either side played fantastic.What pressure at the end...
exciting times for us are comming
GO ERHC ENERGY!
Baz
Chet:
Did you notice there was no mention for a subsiduary company for block 4.
Kina was drilled before Lemba.
NNN ---->ala Nick
hey Wall:
thanks for the sign.
I think it was monkeynuts ..lol..except for the fact that we have the original with us....
It's nice to know Mongo still sees value here,isn't that comforting in itself?(been about 8 yrs--tween here/RB).
GLTUA
baz
LOL....Krom
regarding ERHE;
Thanks for giving the Bashers that fodder...lol
Visa/Vis that last line ...could be all they need to make their Bashes more credible.
ATIC
Baz
BMU:
Dana bought out Centurian for their portfolio which was producing over 10,000bpd from it's Egyptian concessions..Dana had/has great expectations for block 4...as did Centurion.
The CEO for Centurion(Amhed Saed) after buy out was working for DANA EGYPT
Baz
P.S. Dana bought out Centurion on a high point in the market ....$11.91 CAD per share.(short term Centurion shareholders did well).Dana is Private.
krom:...
OPL294....SINADDAX/STARCREST..I believe should also be in this group...water depths are also in the deep catagory.
I believe that if you take those projects divide by 3...you still have what would be considered (commercial) strategic enough to require "more" profesionals/Qualified orkers ..field and evaluative engineers..Planners...all field development personel.
IMHO
Baz
amj:
agreed ..this scenario is logical.
Addax's deal was in the works for aprox 6 months till it became public through company PR.(I think SNP had a tight fist here as well).Addax rebuked rumours by saying there were multiple companies showing interest in IT.
SNP out bid Koreans, India's ONGC..Rliance,possibly BP.
So ....sell out has merit as well as the Indeginous marginal grow your own company aproach(which will still take some years to function NORMALLY.lol
I favor buy out (just me but) for a steep premium 7$ to 10$.
I know I am asking alot here,but @ that price range I would be SATIATED comfortably and move on.
Baz
LOL..again Mid...show me proof...cause we All know its all Conjecture on yours and everyones part.
BUT...there is that FREE Carry carrot...that holds more weight than any...caue without that we could be starved out...begging ....SNP, is our friendly foe....and WE know it.They choreograph our dance...even after our invite!
again SHOW me proof...dont divert the isue...for CHINA has ways of coiling the tunekit.
in the end this is business/NEED for this partnership,and the NEEDS are the restraints.
Mid: etal
Say...Think...Utter what you like..its all opinion.
Yes, there is motive to keep prelim anouncements generic in nature.
is it because ..you feel ..it seems..like ERHE has motive?
WHY?...does it benifit them?(and so their shareholders)?
They ...IF AT ALL!!! are not worried about short term traders and their lives.We hope ...even remotely that they would want success for their company and yes faithful shareholders(remember I said remotely..or by implication).
If there is motive on ERHE's part SURELY ..I hope..it is not to impair or hurt itself,on purpose.There are other scenarios we ALL have rehashed about.
Motive?...SINADDAX?...YES..lots..and these have also been rehashed about hereIMHO..SINADDAX does have the collar on ERHE..contractually on what is allowed..imo..this is Also Bolstered by the FREE CARRY clauses.We are in the Cat Bird seat in many ways(for a minnow),but, the NEW eagle on the block is still the Alpha!
I would conclude(IMHO) all this from all Garnered INFO WE share...So,my Thanks to US all..we deserve rewards
Glad I'm Still onboard this steam to bullit train we are riding.
Baz
Wall...thx...eom
Walldog
I would like a sign 2nd from left...how do we arrange
thx
Baz