dane:
plus, these govt. guys do like to come in "after the fact" ..even ours...
it is way to early to logically, methodically put a value on erhe..still to much unknown...having said that, what we are worth tuesday morning is not a function of logic nor method..it is a function of what someone "thinks" we are worth...the market always over shoots early. think how our story sounds right now to a brand new potential buyer? plus, industry is in competition, (how much more did cvx ante up for ucl than they wanted to?) someone,in an earlier post, called it the "Perfect Storm". i think we will get wads of cash and keep interests in all blocks...the major world players are starting to scramble and we benefit from a scramble...i still wonder what xom must be thinking now? more to the point, the one officier that elected to PASS because they did not want to do business with erhe..early retirement most likely..
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