I've been here several years so I could literally post tens maybe even hundreds of links regarding ERHC's "precarious cash position". There was a time even I was worried about it.
Yet...ERHC always finds the cash and at a minimal dilution to shareholders. They don't need that much cash...it may seem a lot to us that Ntephe and crew get paid what they get or spend what they spend on conferences, but they bring in some pretty big fish...it's all relative. If Kenya is truly believed to have a big black blob of oil...there will always be money available...because potential like that attracts capital.
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