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Haven't sold a share manti. Just done with IHUB. Quietly waiting for the official result
Of our Kenya well. I admit I may have jumped the gun on that rag piece, but just couldn't stomach
the back and forth that was sure to follow. Anything is still possible here. They are sure taking their
time to announce a non commercial well. Obviously some negotiating going on.... We'll see.
Good luck all!
That's all I needed to see. It's been an adventure folks but that's my cue. Done with erhe and ihub. Thanks for the memories.
Cheers
Almost in panic mode right now... Lol
Proven is all that matters now
"My concern it being on the OTC..."
Yes... It could go much much higher.
Absolutely.....
"Thanks king, that is exactly what I was looking for.
They started with a P50 of 45M barrels at Ngamia-1 and are up to 800M proven at the Ngamia field with touted high impact wells yet to be drilled.
Where does that put CEPSA/ERHC's 66M estimated Tarach-1?
Also at billion barrel potential down the line?"
I'm actually quietly waiting for a large steaming BM (Barry Morgan)
"ERHE rumoured to have hit a gusher in Kenya"
IMO we will hear the birdies chirp soon
On a 245 share trade....ahhh insiders must be selling!!!! Run for the exits everyone!!!!!!
Too funny. Lol
My ankles have toughened up over the years. We're here for oil and
G-d-mit we're going to get some!
Long and strong boys and girls!
Our swan song is upon us....
Hmm, second well eh?
Wouldn't that lift the sprits of this war torn brood. We'd have commercial amounts of love!
Start checking for Las Vegas deals? Lol
Tick tock, sure is taking a lot of time to plug and abandon that well
Can we get some oil already!!
Could it be.....
Ah yes, good ole African "competitive bidding" lol. Connections are everything IMO
We'll see.
Who else would be positioned better? Well heeled cepsa and connected erhe. Especially with a fresh discovery right next door. They'd already be ahead of the game as far as geology and local issues.
Sure would be a game changer
Dr Thuo
Wouldn't be.... Stupid auto correct!
Would by surprise me in the least to see an erhe/cepsa takeover of 11b
They've surprised us before...
I believe 5-10$ will be realistic with any successful find.
Is that too much to ask for??
Fo Sho!! Eom
I don't think so either. He will have crushed his boss by doing so. You can be sure petey and EO will be wanting to make a buck or two.
Man it will be exciting to see a nice solid oil find. Only been waiting a decade lol
Lawsuit city. Even greedy petey isn't that stupid.
Perfect example of the fear gap... The whole 20% thing has been rammed down our throats for years now leading up to this well. Basically the purpose is to tell investors it's a very long shot. The list can go on and on.
My point is the method is effective and does affect a stock like erhe. Combined with converts and you have a sp like we have right now.
An oil discovery can reverse the feat gap almost overnight tho... Don't get caught with ur pants down folks!
Any oil discovered is an absolute game changer for erhe. Oil please!!!
CEPSA has been actively trying to drill in Kenya for 10 years plus. Like you said they even bailed on the other block to focus on 11A. Without trying to hard its clear that they see the best potential in finding oil with us. There not here to mess around. IMO if they make a discovery and confirm what their looking for.... were history $$$.
Could we have proven now?
I wonder if we'll start hearing any birdies chirping soon?
We could have proven now... Isn't that a nice thought!
Whatever the hell is going to happen will be happening soon. That's exciting to me
"They are 6 weeks into drilling and there has been absolute ZERO interest in the stock BECAUSE of those two."
... Also the result of a multi year negativity campaign. This stock has been driven way too deep in the ground due to a perfect storm of events. Oil will change that overnight... Literally. There's finally numbers to back it up, something we've never had. It'll be about how much oil and not about what if oil. Huge game changer... Even if it takes time for the market to realize.
Pete and sylvains outcome realize solely on oil at this point. They either got the job done or get didn't. With the amount of shares they bough,... The odds are better than average.
Exactly. Oil will be found, price will be chased up, a very familiar pattern will take shape. People will buy to get a piece of the next hot stock. They know this isn't Apple, Facebook.
CEO who?? Lol
When you get off the ride is what anyone should be concerned with.
Could it be that the minnow is days away from proven??
For the first time the market will be able to put actual numbers and valuations behind it... No more pure speculation!
This is why many believe the fear gap will take place... Because by any calculation we are worth many many time more than our three million dollar current value. Fear gap is just straight logic IMO. It will happen in
Some shape or form.
Now wouldn't that be nice!!
Fingers crossed boys and girls... Days away now IMO
It's just that simple....
"At this point in time we are all watching for only one thing: oil Period."
Like clockwork is right lol
Not sure, you seem to follow this issue more than anyone else.
The question you should be asking is how much oil were going to find and do you have enough shares... Or any at all??
Someone's always there to scoop up the convertibles too. Like clockwork.
If we hit any kind of commercial oil, this numbers really can be a possibility.
IMO we start hearing birdies this week.
Chirp chirp
It really doesn't matter now. All that matters is whether we hit oil or not. It's just that simple.
It's the ONLY reason anyone should spend precious time out if there lives on this issue. Lol
We would need a world class find to explode us to those levels... Which is quite possible. I think most are keeping realistic values as we are only targeting as small well. A successful well with proven and a de risked block will put many in a nice boat and a trip to Vegas.
I'm just excited to watch the fear gap explode! Will be fun....
Oil lol
Interesting news. Cash is fun!
Your right, a buyout is certainly viable after a discovery. Good thinking!
New Erhe acreage? Wouldn't surprise me in the least.
Your right..."bring it on bro"
Time is closing in folks. Are we visionaries or suckers?
Either way we're ready... Bring it on bro!
"If you look at my posting history yiu will see how absurd your comments are about me, I've owned this stock since 2003, had less than a million shares before the toxic financing drove this stock to worthless proportions , at that point Krom convinced me to start buying, calling it dilution insurance I started loading up feb- oct 2015 bought 100 million shares at an average .006, then this year post split I bought another 5"00,000 shares around 6 cents.,I just had the balls to do it and maybe you didn't , the 90 grand I invested was way less than the origional amount of 150 grand or so I had invested before toxic debt, maybe I'm stupid but if we find oil I'm a genius, either way it's the 20% of my portfolio I use for high risk stocks, bring it on bro"