IMO ERHC is now advertising through several of the brokers of farm-in deals and they also have opened a real data room. I consider this a positive, not a negative.
I have a much better chance of selling my house by listing it through the MLS service than I do selling it myself. Same concept here.
The question is how much data is actually available. There is very little seismic in either Chad or our EEZ blocks. I wish ERHE had the money to do seismic before the farmout because it would greatly increase the value. Unfortunately, they don't.