Tuesday, December 10, 2013 8:57:24 PM
Here is what ERHC said: "The proposed farm-out agreement includes a carry and other considerations."
Carry, to me, means at least 1 hole carried and probably more. Possibly to production, I'd think. If true, this would greatly limit needed dilution. That's what they got last time, not guarantee they get it this time, but our purported partner can certainly afford it.
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