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Re: badog post# 343496

Monday, 01/04/2021 7:36:47 AM

Monday, January 04, 2021 7:36:47 AM

Post# of 361557
OMG, what a pile of BULLSHIT.

No stock is worth more than its current value....unless something changes.

Duh... like the share price?

So far nothing has changed ...So the value of ERHC is the current sp.

Yeah? And... what is your point here? You could have EVEN said that to Warren Buffett at any point in time... you could have said that to any investor for that matter. It's how the stock Market works.

When someone thinks it is worth more they will pay more to buy shares.

No, say it ain't so... really? So the share price is depressed for a reason, is what you are saying? Well my dear Watson, we already knew that. Question at hand was: WHY? And that has been addressed in a previous post.

Badog, this all was not the issue here. A Reminder:

Thats why all the narratives about Total wanting a piece of Block 4 or Total wanting to buy ERHC are crap.


On what information can one claim that TOTAL does not want a piece of block 4, Badog? Follow up question: what is the 83.267 words of litigation about, if it isn't about block 4 and singned contracts? Is it about 'crap'?

One of MANY quotes from the litigation documents:

Total had secured a Partial Arbitral Award (“Partial Award”) stating it has a valid and enforceable interest in Block 4. (Case No. 14-18-00981-CV, Appx.2, Ex. A).

If asked what narrative you think is the right one here, you answered that you also don't have the answers as to what is going on behind the scenes... then how can the current share price EVER be right? Checkmate.

Thereafter the assumption is made by you that the current share price is substantiated right. When asked on what substantiated information exactly this current share price is correctly based, then an answer is not forthcoming. THAT was the question at hand.

Only the parties involved know at this time what exactly is going on behind the scenes. Then your claim that the share price is (always) right nonetheless (even on the 'grey' market), is as baseless as claiming that TOTAL has no interest in EEZ block 4.

So originally Total was not interested.

Dude, do you follow the news at all? What are you trying to suggest here with that remark? What MATTERS is what's currently going on, and I MENTIONED what is currently going on in my previous post:

"November 21st 2019: "After BP and Total, Shell is the third oil major to have decided to invest in the country's EEZ." Could the fierce litigtion over EEZ block 4 have anything to do with this quote from an article?

Or is it all conspiracy-bullshit?

CHECK-MATE!