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Homeport

06/09/13 2:13 AM

#274660 RE: Tamtam #274659

Thanks for the clarification, Tamtam.

Good day,
HP
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umbra

06/09/13 7:33 AM

#274661 RE: Tamtam #274659

Thank you Marc. Always nice to read fact rather than fiction upon which others so regularly rely.
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tryoty

06/09/13 8:31 AM

#274662 RE: Tamtam #274659

There it is again...

"The gross best estimate of prospective resources for the prospect are 231 million barrels of oil based on a third-party Competent Person's Report".

The very heart of a CPR done on an oil company is the reserves estimate. Dan Keeney openly and knowingly lied to ERHC shareholders when he publicly denied the a reserves report was done during ERHC's AIM listing effort. That CPR contained, and to this day still contains, vital information that should have been disclosed to shareholders.

Someone needs to be held accountable for withholding that critical information from us. Whether it was Keeney's call or Ntephe's is irrelevant, someone broke the law and should be accountable. I don't care if the damn report came back showing zero reserves. If it did show zero reserves, how many have lost how much hanging on to this stock because that info was withheld? If it actually showed a discovery and bookable reserves, how many lost how much because they sold and moved on because that information was withheld?

Someone screwed up, and they screwed up bad.