InvestorsHub Logo
icon url

oil-cowboy

11/11/08 6:56 AM

#144245 RE: Opus X #144244

I thinks its been just that, one big poker game from the beginning. I think were coming into a very crucial time for all parties. When we finally get our rig and its booked and on its way, that's when this get very interesting.

We've been accumulated for years for just this event. So its anyones guess where the sp will end up. For any parties that have been vying for a piece, the blinds just went up.

From what I heard yesterday it sounds like they basically have a rig, and have for sometime. Just working out the numbers and such.

IMO this is coinciding way too closely with the properties acquisition as stated by our mngt. Bovells' "very soon" sounded very much like the ROO timeline. Who knows whats been cooking from behind the scenes? As always, time will tell.

PS, always found it curious that our sp has mimicked Addaxs'sp for the last year, almost right down to the dollar. 17/.17

BWTFDIK

icon url

Tamtam

11/11/08 6:59 AM

#144246 RE: Opus X #144244

I see we are on one line Opus X, games are being played, hopefully we'll be on the winners side.

As for the new seismics announcement, I don't really what to think about that. Will they announce more or less oil or trying satisfy us,want to boost the sp? Don't see a clear answer right now if drilling will be close and give the excact quantities.

I am sure the board will have some better opinions on this

Tamtam
icon url

redinvest

11/11/08 10:10 AM

#144265 RE: Opus X #144244

Opus, agreed, the new seismics are like a wild card river in the game, "Omaha".


??? who's paying for the seismics, just ERHE ??

Red
icon url

midtieroil

11/11/08 10:58 AM

#144272 RE: Opus X #144244

I don't think there is any poker game going on between Gandur and Offor. They aren't even sitting at the same table nor are they in the same ballpark and they both know it. So drilling will proceed whenever. By the way, no one else is in the same ballpark as Offor either so you can forget about any buy-in or buy-out. Those dots didn't connected before and nothing has changed to make them connect now. As a matter of fact, I dare say that current market conditions make those dots even farther apart than ever.