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Re: Julius Erving post# 7232

Friday, 02/05/2016 6:19:45 PM

Friday, February 05, 2016 6:19:45 PM

Post# of 18778
"Do you think that they can't survive beyond a dry Kenya hole?"

I am sure they can... by wiping current shareholders the rest of the way out, unless they can continue throwing money away just to pay undeserved salaries.

"What did they get for the EEZ?"

It's in the filing.

"And do you think Peter and Sylvan placed their money on ONE bet only on oil...?"

I think they have placed their money, not on a bet for oil, but on the knowledge that they will benefit from that bet. They can't know if there will be oil, but they do know if the company will be sold, because they control that. For how much? Who knows. Where is Sinopec's comprehensive report on the 5 wells drilled in the JDZ? Oh yeah, there has never been one published. I found that odd then and I still do.


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