InvestorsHub Logo
Followers 68
Posts 16119
Boards Moderated 0
Alias Born 12/04/2007

Re: RKT989 post# 360404

Wednesday, 04/10/2024 3:11:37 PM

Wednesday, April 10, 2024 3:11:37 PM

Post# of 360713
That's a fair point. And ERHC did say the words "with finality".

On the other hand, what is Total's opinion on this? Could the question of Kosmos have prevented Total from moving forward on its done deal in the 400 page document all these years? If so, that would explain why neither Total nor ERHC wanted to pay a Sao Tomean tax until the issue was truly resolved "with finality".

So Sao Tome, upset about the tax, began a bidding process which failed due to the international caveat emptor.

But then, Sao Tome came to the realization that the problem requires a "heavy hitter" like Shell ... and so we will have resolution finally with finality and to the benefit of all ERHC shareholders but to the chagrin of all ERHC short sellers.

Krombacher