ibready, "let a real oil company reach the level of control that would justify their risk."
That's EXACTLY what we have NOW. Think about it. Who's "effectively" the management of ERHE's near-mid term future?
Who's in control? Sinopec, Addax, and Anadarko.
Who's taking the risk? Sinopec, Addax, and Anadarko.
Who's calling every shots on every decision that faces each consortium for the next 3-5 years? Sinopec, Addax, and Anadarko.
ERHE has internationally successful management teams calling the shots in all three of it's blocks. Can't you understand that?
Look at it this way, the entire executive management team of Exxon could join ERHE and NOTHING WOULD CHANGE. ERHC Energy does not have operatorship in any of its blocks and no matter who is at the helm IT DOESN'T MATTER.
Sinopec, Addax, and Anadarko will call the shots. Period. End of story.
The board space wasted on this attack on Offor is astounding. Something is DEFINATELY up.
My shares aren't going anywhere.
ERHC's share of JDZ oil; 1 billion barrels. Once proven, ERHE will be $10+. All we need is time and patience.
Nuf said.