057, wake up call... Everyone knows about the "gold". That's why the land was for sale put up for sale. The bid round is closed and everyone knows who's paying what. No secrets there...
The JDA is not going to negotiate the terms of the PSC's, that's already been done by Exxon and Chevron, remember??? These are cookie-cutter templates, just changing the names of the players, right? They are not going to change the price we have to pay. There's really no need for secrecy here, as for as I can tell.
No one said they had to tell the world anything secret. But to get what we got today? They are clearly just doing as little as they can to meet the filing rules. Makes me think JC hates this company. I don't like pumping either, but how about a little guidance?
As to your analogy, why would ERHC repeatly publish the seismic reports and reserves estimates BEFORE bidding for the land, then try to hide that later? I am sorry, but I don't get your point.
How about the company telling us their expectations on when things might develop? How about a quote from Memon, or better yet from Memon and Offor telling shareholders how pleased they are with the success of the round? How about telling us when we can expect to learn any details about our JV's? How about telling us about plans for financing the company's future?
I can be patient, but being patient in silence is tough. There's a huge difference between pumping and sharing a little excitement/information when your company just made official the greatest accomplishment in its history.
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