InvestorsHub Logo
icon url

wbyrne

01/21/15 11:54 AM

#296326 RE: umbra #296325

It will certainly be interesting to see what they divest.

My hope is that they will hang on to areas with similar production costs as the areas we have interest in. That would be a good sign, IMO.
icon url

emdyal

01/21/15 12:15 PM

#296327 RE: umbra #296325

10% would be a beginning for ERHC but 40 to 50 % might be more appropriate in terms of cost cutting ! If they had done this a year ago the depth of the toxic financing would not have been necessary !

Apparently critical mass is about the only thing that motivates a response from these guys !