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Tuesday, August 02, 2011 1:33:15 PM
What if Oando's JDZ and EEZ assets have been given to Exile, with the thought that a similar deal would be completed with ERHC's JDZ and EEZ assests? After complettion of a deal, ERHC would own more of the company than Oando because of their greater interest in the JDZ. Then you would have a newly named company (fka Exile Resources) with a listing on the TSX that has a huge % of the EEZ and JDZ. Wasn't that the end result of the Whiteboard so many years back?
Idk, that seems very complicated and involved, but it also seems like a good way to go if the EEZ and JDZ were being packaged. At that point the Chinese and French could get involved too. Then our main assests (JDZ, EEZ) are available for sale if the price is right, and ERHC can continue trying to swing deals in the rest of Africa.
Just some thoughts.
-ach
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