Replies to post #9816 on Addax Petroleum (fka AXC)

[tryoty]

What exactly was the reason for hiding the JDZ results for almost TWO YEARS? Five dry holes, so we've been told.

Ntephe is not showing strong ethical behavior here. It's been over two months since total depth, and still he hides the most material news in the history of the company... ERHC is going to fly or die based on these results.

There is nothing, and I mean nothing, more material to shareholders than these results.

[jsc52033]

correct they are in negotiations imo

[emdyal]

They can't go on indefinitely saying that they are analyzing the drill results ! I'm sure that within a matter of a few days CEPSA would know the drill results.

Its not that complicated - either they found oil or they did not find oil !