Krom, it appears you (and me too) correctly called the recent bottom in the high 30s. GOOD JOB! Your thinking on the EEZ progress propelling the SP also appears to be spot on. This EEZ news has distracted all of those who want to get the drilling results NOW and can not wait until the analysis is thoroughly completed. Tying in the the drilling results delay with the EEZ also makes sense IF Sinopec is involved in (or wants to be involved with) the EEZ. The fact the ERHC may receive a shitload of cash from the EEZ rights within a year also bodes well to the SP. Where is the downside to this stock? Only the remote possibility that the drilling results are really bad (highly unlikely) will stop this train from reaching the dollars.
Is anyone thinking about the drilling results. I hope they come in soon. When the results do come in will the share price gap up to over a buck, over two bucks? Do you want to be "out" when the results come in?