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manuel06

06/23/22 11:51 AM

#350885 RE: Krombacher #350874

Krom
Another possibility , not to put any damper on the drilling, is maybe they are heading to presalt, as CNOOC was mentioned in it's last drilling with Addax that they didn't go deep enough....which is also positive, as without some showings, they might have stopped the drilling process. All conjecture but there are good reasons to be positive as we don't hear of any P&A on the well(s) and they are still there with copious expenses going on!!
Baz

lovemelongtime

06/26/22 10:06 AM

#350967 RE: Krombacher #350874

The odds have swung heavily in favor of longtime shareholders that bet on the Erhe horse. Think back 5 years ago when a handful of longs bought over a billion and a half shares. It looked like a good bet to short for sure. But today as we await potential good news on drilling results in the EEZ and having won huge court victories and getting to see the proof of the 400 page court documents the odds have moved heavily in favor of Erhe longtime shareholders!!!