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Post# of 361285
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tryoty

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tryoty

Re: ssc post# 316418

Saturday, 06/11/2016 5:01:14 PM

Saturday, June 11, 2016 5:01:14 PM

Post# of 361285
Once there is proven ERHC could easily negotiate a carry from CEPSA for a small percentage of their share. Also, with proven they could borrow against the value of the asset. Another option would be a private placement of shares at a vastly higher share price making the dilution minimal. They could also farm-in another entity for full carry.

The word "proven" opens all kinds of doors to get it drilled.

People maintain anonymity for a reason and it is rarely noble.

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Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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