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Re: ssc post# 206731

Wednesday, 03/24/2010 10:03:12 AM

Wednesday, March 24, 2010 10:03:12 AM

Post# of 367090
I also see your point now about how important the release of the results are, because you say:

Then they go forward to acquire their own blocks in the EEZ and/or additional JDZ blocks when auctioned which they will own free and clear without any free carry "partners". They decide to focus on those blocks. Meanwhile, erhe is forced to wait what may be another 4 years before commerciality is even known.

If it turns out that Block 4 is a doozy as some purport, then they will not have the incentive to seek other blocks in the JDZ while they sit on Block 4. But we don't know.

ssc, I'm glad you spoke up on this one, because I just did not see the downside, but now I realize how important knowing the results are...they will drive the decision to starve ERHC or not.

Krombacher
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