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Re: Stay the Course post# 257239

Sunday, 04/29/2012 7:32:17 PM

Sunday, April 29, 2012 7:32:17 PM

Post# of 361984
Thank you, sensible post. All of the stuff (other than the JDZ) that ERHC calls "assets" like Chad, EEZ, etc., seem to be far into the future and ERHC needs funds which it currently does not seem to have in order to survive until then. Where will it get those funds?

They can have all the rights in the world to drill on the moon and on mars, with free carry even, and while Peter Ntephe might call that an accomplishment, if they don't have the cash to survive until then, it equals ZERO.

If they get rights to property which can be more immediately revenue producing then I will be the first to stand up and applaud. Maybe in Kenya they can get that...I don't know.

If the letters closing the investigation on them will facilitate them getting a deal which is instantly revenue producing, then those letters are indeed good news.

"Keeping it real" though is a good motto, in my opinion.

But as always, the above is my opinion and may be wrong or inaccurate.

Krombacher