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Re: tryoty post# 57906

Tuesday, 06/06/2006 7:06:17 PM

Tuesday, June 06, 2006 7:06:17 PM

Post# of 361320
Tryoty, if the share price sinks to dirt, which is a real possibility with a company with only rights and a little cash, it becomes vulnerable to predators in the market. How about these scenarios:

1. The Chinese tell Nigeria and STP that they will build them billion dollar refineries if only they would get rid of ERHE, and that they would split the revenues that would have gone to ERHE between them and the countries.

2. Chevron and XOM offer to pay 1 billion dollars to both Nigeria and STP if only the would get rid of ERHE, and they would split the revenues with the countries.

I know, sound ridiculous? Couldn't happen! Solid contracts in place! Hey, this is Africa folks, and they don't call it the dark continent for nothing. I'm not a basher Tryoty, just hugely disappointed. This company needs a business plan that is told to the stockholders. Without a good PR of powerful substance there will be no road show IMHO. I will apologize to all for this rant if something good happens. Take care.