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Re: tryoty post# 76082

Saturday, 09/30/2006 10:47:03 PM

Saturday, September 30, 2006 10:47:03 PM

Post# of 367090
try: No one is saying that erhe won't get market price for its oil. The contention is that the multiple applied to the sp will be less with the nigerian (offor) factor than it would be with strong oil management... It's quite possible that the sp may never really exceed or perhaps even reach the net cash value (once there is one) if the nigerian factor gets worse due to political instability, etc. On the other hand, big oil and big money tend to like each other, and would feel better about putting the big bucks in something controlled by "their" people rather than EO. I personally am in this for the money, and will vote my shares which ever way will give them the most value... if I ever have a vote, which at this time I don't appear to have.


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