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Re: Nightdaytrader post# 351661

Sunday, 07/24/2022 8:17:06 PM

Sunday, July 24, 2022 8:17:06 PM

Post# of 361526
ND9, good point that lessons learned in Namibia are being applied here.

So do you think that possibly the extension of the planned drilling of 60 days is "sidetracking" to better define the overall find?

I think that others here as well as myself have thought the same (with maybe a little prep work to become a producing location in the future. smile )

I'm sure that STP is applying pressure for some communication, but probably want to do that in a controlled, measured manner considering the potential impact to their citizens who have thought of this day for years. Possibly in several weeks or so when they feel more comfortable of find after more sidetracking drilling and analysis. (Analysis was scheduled for 30 days after the 60 day drilling?!?)

I don't see much impact to pricing of shares of ERHE due to its SEC caveat emptor status and consequently limited if no opportunities to buy larger quantities. The real impact, IMO will be the purchase timetable and price for EEZ block four and possibly their JDZ properties/rights.

Thanks,

Opus X