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Re: Lickety Split post# 143485

Wednesday, 11/05/2008 2:05:47 PM

Wednesday, November 05, 2008 2:05:47 PM

Post# of 360662
so if Gandur successfully gets a lower priced ROO, you will be against this??????

Don't get me wrong, I would love to see a PR about a ROO sooner rather than later and our ERHE shareprice would benefit greatly no matter what the cost of this rig would be but I am also a businessman and our entire marketplace has changed. I am willing to give Gandur another 1 to 3 months to secure a better deal.

Because we don't know what is going on regarding the negotiations it is hard to cast good judgement on the situation. I am pretty confident that Gandur wants a ROO as much as ERHE shareholders do so I think we are in good hands for the time being.