A Day of Reflection:
It has been quite a year. Progress was made. Unexpected events occurred, share price spiked and dropped.
Big partners turned away
New partners came aboard
New CEO hired
New CEO left
FBI raid
PSC's finally signed
Cash in the Bank
No one could have predicted all the interesting twists that unfolded this year with ERHE and no one will be able to predict what might bring next year but it is fun to think about....
Just think about what IHub will be discussing one year from today..
We will likely have multiple holes drilled in various blocks with some (but never enough) data revealed.
We may be further along in the progress of blocks 5 and 6 with new and different partners to speculate about.
We may be in the middle of the next bidding rounds or about to go out to bid with the STP EEZ or maybe just a new heated battle over our 2 100% rights and 2 15% rights.
A new leader of Nigeria will likely be elected and we will see if EO continues with his political strength in the area (I am betting he will).
It will be another volatile year on the OTC, new board pumpers and bashers will arise. The old-timers (myself included) will both glee and complain as the share price fluctuates between reality and dreamland in our own minds.
Just think, next year our share price may spike to $5 or maybe more. Shareholders will set a new dream price in their heads of maybe $10 or $20 of what ERHE is worth. The share price may be hovering around $2 to $3 dollars and many will still complain that we aren't at $6 or $10 or we should have sold at $5. Still new basher will come out and say what about those poor soles who purchased at $5 and now sit 40% down at $3. Where, oh where is their fortune to be?
Oh what the next year will bring, one can only wonder.
Good luck to all in the New Year.
Strategyone
