As the volume slows down and the share price softens a little, this is a very strong indication any ERHC/Addax deal is delayed. This is good because most agree any deal would be considerably better after drilling than if made now.
On another front, I would hope we get some sort of update on the arrival of the DP in the next few weeks to give a little boost both in the share price and our confidence in holding (as in holding the bag) all of our shares. As a bag holder and non trader, I have to keep the faith during those times when nothing is happening and the share price drifts lower.
Any detectives out their turning over rocks to get information on the DP or AA?
Now that the Deepwater Pathfinder is scheduled to arrive, when will that be reflected in the shareprice?