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DegenerateGambler

11/24/09 4:42 PM

#187486 RE: Strategyone #187469

Strategy1, maybe I too was fast on the trigger to badmouth this deal. But what we really need to see are the financial numbers. I am surprised that not more of the oil experts have not chimed in with "guesses" to how much this project will cost to get to production and how much money it will produce once in production. We need figures to determine if the deal is financially sound. We also need a time frame and financing details. If this is on African time, production WILL be years away. Can ERHC afford the financial drain for years and years it will take to start producing revenue? Ah shit, the more I think about it, this will NEVER come to pass, maybe my first reaction or instinct was right after all. But I am willing to eat crow if the numbers sound good, but I doubt they will.