I don't agree. I can tell you from experience that when one company in a country has attacks on oil personnel or has issues with the government, has unforeseen delays or drills a few dry holes every company in the country is likely to have similar problems. This greatly affects those looking for investors as ERHC is desperately doing now. It also affects those thinking of investing in that country and makes them less likely to do so.
Are these the biggest problems ERHC faces? Certainly not. But, are they material problems that ERHC must also overcome to survive? They sure are. And it does make it harder to do so. I know not everyone wants to hear that. But many do.
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