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Monday, February 27, 2012 9:15:09 PM
IMO, right now the JDZ is toast if the comments we have been given are the whole gist of what has been learned over the last number of years. If BOMU, LEMBA, and KINA are crap what other prospects do you expect to have assets that have been seemingly completely hidden to date?
Chad - These properties were let go by someone else so how are they going to now turn into great plays?
EEZ - I say at least 5-7 years before any drilling.
PN seems OK with the time frames for success as it means he has another 6 years or more with no need to show any returns and yet he keeps a nice steady income the entire time.
For me, the time frame I now see for ERHC makes it an investment that will do me no good.
I would appreciate anybody able to show me a positive spin from this FAQ.
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