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mz157

03/26/12 2:15 PM

#255649 RE: rufisque0127 #255648

my understanding was that there was not much value assigned to the JDZ in terms of the final buyout price of Addax. Is this correct?

petemantx

03/26/12 3:18 PM

#255654 RE: rufisque0127 #255648

What is the attraction in Senegal that would make you leave such a beautiful location as Geneva? Obviously there is more to Senegal than I would have imagined.

Congrats on getting out of ERHC with a small profit. I hope someday soon we will all be in the black on this investment but right now IMO looking a little touch and go. My take on why so many stayed is KINA; how the seismic was so thoroughly analyzed, the prospect looked so huge, and then "poof" - nothing. Hope we find that is not the case in the long run. Best of luck in your future endeavors.