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Opus X

07/24/22 8:17 PM

#351663 RE: Nightdaytrader #351661

ND9, good point that lessons learned in Namibia are being applied here.

So do you think that possibly the extension of the planned drilling of 60 days is "sidetracking" to better define the overall find?

I think that others here as well as myself have thought the same (with maybe a little prep work to become a producing location in the future. :-) )

I'm sure that STP is applying pressure for some communication, but probably want to do that in a controlled, measured manner considering the potential impact to their citizens who have thought of this day for years. Possibly in several weeks or so when they feel more comfortable of find after more sidetracking drilling and analysis. (Analysis was scheduled for 30 days after the 60 day drilling?!?)

I don't see much impact to pricing of shares of ERHE due to its SEC caveat emptor status and consequently limited if no opportunities to buy larger quantities. The real impact, IMO will be the purchase timetable and price for EEZ block four and possibly their JDZ properties/rights.

Thanks,

Opus X

lovemelongtime

07/24/22 8:21 PM

#351664 RE: Nightdaytrader #351661

Thanks NDT, an educated common sense evaluation of the last 90 days.

ssc

07/24/22 8:41 PM

#351665 RE: Nightdaytrader #351661

I agree, it will indeed be interesting to see what happens to erhe share price after drilling results announcement. Obviously no one believes the "dollars/share in a few short weeks" nonsense. Now I see a "buyout timetable" narrative beginning even though there is no proof that anyone is interested in buying out erhc.

Sounds like the stage is being set and excuses being prepared to try and justify more months and years of erhe share price closer to zero than dollars and divert from erhc management's decision to operate like a private company with no concern for price of current public shares.