I was just funnin' with you on the spelling... no worries. I am not going to speculate on what they are up to beyond saying this...
For the last decade, no matter how many theories were floated and no matter how many people tried, what has been delivered by ERHC has always surprised. Sometimes positively, sometimes negatively, but always a surprise.
From what I see, this isn't your daddy's ERHC anymore. After being in a coma for years, Ntephe is wide awake and drinking Red Bull.
Peter mentioned a couple of deals that fell through during the chat, and while it is disappointing that they fell through, shareholders learned that there is activity within management. Now we have several reports of bids for properties in multiple Africa countries. We have won 3 blocks in Chad. We also have new, highly qualified personnel on the payroll. There certainly is a reason for that.
On top of it all we have this mysterious Oando deal involving a flea that is wholly insignificant to them, and it's ERHC's flea!
Is there a link? Will ERHC Benefit? Or did Ntephe get outfoxed? And why isn't Dan Keeney answering email like he historically has? Quiet period?
Nobody knows. That said, SOMETHING is up. This isn't your daddy's ERHC anymore. Let's hope we don't take it in the @ss if there is a deal. I'm not sure Exile shareholders are too happy, and Oando screwed the hell out of EEL shareholders. Better to have Oando a friend rather than a foe. Let's hope Offor has connections with Oando.
When majority shareholders don't trade their stock, the price is set by the minority that do. Managements must satisfy the minority.
