Wednesday, June 24, 2009 8:49:16 AM
How agressive will US Gov be in encouraging US companies to go after the rest of the JDZ? Will we want China to buy up the last great oil frontier? Especially if it is is such a favorable geo-political location.
Will there be a push for American companies to get aggressive and lock up as much as they can? Could this create a buyers frenzy? And if so, how much do we as erhc shareholders benefit? Just some thoughts but it may be interesting to see what other Oil entities do now. Also how does the Addax purchase affect the "proposed" value of blocks 6 thru 9 or of the EEZ?
Finally, the one final playing card that ERHC holds is that its largest stock holder has the ability to streamline a companies infrastructure build out and on-going production operations in this region. How is that valued and could that possibly affect the shares that we hold?
Many many questions. It will be scary fun to watch all of this play out over the next 6 months.
BayFisher
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