Krom... The point is SNP would be making a very good business decision to buy ERHE for say $4 billion and owning it from the "get go" as opposed to spending $2.5 billion on behalf of ERHE and waiting years to get their money back and then having no ownership of ERHE's interest. Remember SNP would also be buying interest in 3 more JDZ blocks plus the Interest in 4 EEZ blocks. Seems like a no-brainer to me.
what are the reserves? you take those X the current wholesale price per barrel, divide that by OS. new shareprice. until we have that nsai report, it's all speculation and guesswork.
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