Replies to post #218645 on ERHC Energy Inc (ERHE)

[bayfisherii]

And why would there be any compulsion for them to do this?

They would want the prices for the EEZ to be a as low as possible.

That scenario makes very little sense.

[brez63]

And Total buys in to an equally disappointing block 1 just for added effect?

Yeah, I don't think so. It may not be huge, but it certainly wont be little. I'll take just right!

Cheers
Brez

[stocks2rise]

I don't think the bidders of the EEZ are that stupid. I am sure they have the seismics etc that they need to make their bid decision.