snow...like stockhocker said....
Instead of us trying to armchair quarterback this deal from our living rooms, and with our limited knowledge of the area, the geology,the expenses, and a thousand other variables we can't even contemplate.
Why don't we just trust ERHE and Addax to get the deal done, to everyone's mutual satisfaction.
Every indication, by oil industries standards, this deal is very good for ERHE....much better than any deal,I've ever seen or heard of, in my limited google search of such things.
If you can find anybody that got a better deal than this one ERHE has managed to work out with Addax...then by all means post a link to it, I'd really like to see it.