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Re: kobiashi2000 post# 211981

Wednesday, 04/28/2010 8:24:30 PM

Wednesday, April 28, 2010 8:24:30 PM

Post# of 361629
Kobashi a lot of it has been covered. What I will offer is my take on things NOT MEANT TO BE FACTUAUL my opionon. I spoke briefly after with a few board members, mostly niceties. [b]THEY ALL SEEMED TO BE CONFIDENT AND AT EASE[/b].{{EVEN AFTER THAT SIdeshow we had during the Q & A it got a little ugly}}} In the after coverstions that I heard were positive things Dan Gralla explaining how it's such a large area{the J.D.Z.} that there are many more prospects.In terms this is just the beginning. Peter discussing how far we have come the free carry on the JDZ blocks 2,3,4, what this meant to the company and how it put us in a unique position, sinopec is paying the way they have deep pockets and how much has already been spent and how much {may be spent} to take the JDZ to production but it would cost us nothing up front , yes we have to pay for it with the oil produced but what better deal could you want. He really spoke well of the advantages we have trying to do buisness in nigeria with our connections, are largest shareholder is a nigerian that knows the buisness culture there. That he Peter is a Nigerian that understands the way to communicate work within the framework of the nigerian buisness culture, that yes we are an american company and that gives us an advantage when it comes to acquiring finacing later down the road but we have that nigerian connection