Total agreement....... for a long time Troy... Much more here than some think...I bought my first @.29 in 07. I know many have been here much longer...it'll be well worth the wait. i-hub in my rear view mirror lol
That is completely false. Ngamia did not go to 2 billion. The entire South lokichar basin is not even that high yet and Ngamia is just one prospect out of about half a dozen that have been drilled over a 4 year period in several blocks in that basin. They are close to full expected potential in their blocks in that basin which is great. But ERHCs unrisked for their block is in the 600-700 million range and that includes every prospect in the block not just Tarach. That is ERHCs pie in the sky number if every prospect and every well hit oil. That just aint going to happen. It didn't even happen in South Lochichar. The unrisked for all their blocks was higher than 2 billion. Your numbers are just not correct. I hope that clarifies things for you.
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