Friday, May 19, 2006 12:29:24 PM
Reality check....probability of any one of those three conspiracies being true .0001% IMHO.
More likely scenario:
1) New auditors took longer than expected to confirm all numbers so no future "amendments" would be neccessary.
2) Warrent issue creates a last minute required disclosure prompting legal approval which ALWAYS takes longer than expected.
3) Required disclosures regarding PSC's (since they were officially signed during that quarter) are bounced back and forth between legal dept. of ERHE, Addax, Sinopec...etc.
In my opinion, if any of the other wild conspiracy theories had the slightest bit of truth to them it would show in the volume. Especially yesterday and today as this is when the release should be made public.
Good luck to all,
Strategyone
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