InvestorsHub Logo
Followers 22
Posts 2530
Boards Moderated 0
Alias Born 04/01/2006

Re: None

Wednesday, 08/22/2018 7:30:50 AM

Wednesday, August 22, 2018 7:30:50 AM

Post# of 18778
It just goes to show you that Kosmos does not have a strong case in its legal fight with ERHE.

What goes around will be coming around for Kosmos. The corporate world never wants to pay a fair value for Any asset they try to acquire and that just business. But the real issue is the Orchestrated Left of the Assets via the Legal Process and the Worst Kind is the Type of Legal Course the Kosmos has know chosen and that is to run out the financial clock on ERHE'S American Shareholders.

The fact that Sao Tome has sided with Kosmos is no surprise as they are trying to reward Kosmos for jump starting interst in the EEZ. That view in and of itself is not a legal view that would indicate wrong doing by ERHE in its legal fight with Kosmos.

Just one more point. Block 4 is deepest by the island and raises 500 meters on its Eastern Boundry. Oil pools in the deepest geological structure.

Block 4 may contain more oil than first thought. Kosmos shot 3D in block 4 when they shot block 4.

ERHE has the Legal Right to seek a better deal for its Shareholders and that Legal Right should not be Infringed on with "Fake Lawsuits" that can not win the case on its legal merrits.

It will be interesting how this All Shakes Out.

Please conduct your own research in case I am Mistaken.

Sneak

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.