Friday, July 31, 2015 5:19:44 PM
In this scenario the remaining ERHC stays unfunded and would likely be wrapped up and closed immediately. So you are saying we should be thrilled with a plan the gets us to Kenya drilling, which might not even be successful, yet this "deal" takes away any future potential with Chad, the EEZ, and the JDZ.
Golly, where can I sign up for such a swell deal?
Sorry for the sarcasm, but forfeiting 75% of the potential for a maybe in Kenya is not a good deal for shareholders. I want the protection of the diversification.
Actually, as I think about it... this sounds like more of a plan to divest Kenya to current shareholders and steal the rest of the properties in a bankruptcy hearing. Could it be those other properties have significantly more value and a lot of trouble is being taken to get them, without us? We *never* got a third party analysis of the JDZ wells. Hell, we never got a Sinopec analysis of the JDZ wells. Why not?
People maintain anonymity for a reason and it is rarely noble.
Recent ERHE News
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/06/2024 07:31:22 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/08/2023 09:06:42 PM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM
Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter • BANT • Jun 25, 2024 10:00 AM