The problem is that we don't know if blocks 2-4 have commercial anything. We don't know if Total will agree to help. Even if they do agree to help we don't know if they could find anything. And we don't know what deals would have to be made with Total to bring them in. Would it leave anything for ERHE shareholders...even if something is ever found?
What we do know is that SNP is not prepared to proceed with any further drilling at this time. None of the reasons for this are good IMHO. We do know that Total's current priority is block 1...how long would it be before they even agreed to look at our blocks? We do know that ERHE management is making mistakes and does not appear to be good at following thru with any plans that they have stated. What they do seem capable of is burning cash and diluting shares.
Market Data 
Markets 
AI
