JDZ Nigeria-Sao Tome e Principe

[seek the light]

The following is part of a post on the other board:
"By the way, can you lay out a plan for buying production in Imo that does not involve either massive amounts of shares issued or massive dilution of our interest in the JDZ and EEZ or both? I have yet to hear how that might happen. You don't get something for nothing."

The answer is yes it can be done. The state of IMO desperately needs help from the Nigerian government with funds for roads, schools, job creation, etc. SEO can arrange a trade off between the local needs for help and ERHC's desire to tap into the vast oil and gas deposits in IMO state. He does have the influence to provide the means of solving this problem to the benefit of both parties. My opinion.

And the Chad assets prove that influence. And yes it makes sense ERHC could get a better deal than one of the big companies simply because ERHC is a small company and the Africans of other countries could not expect to get as much from them. Political influence is very important in these dealings.My Opinion.

Anyone feel free to post.