Don't worry, when I don't own any shares I won't be posting about ERHC or on this board. I am looking forward to that day. I just hope it comes sooner rather than later. I guess that depends on whether the LOI actually culminates in a JV contract with a partner or if it withers on the vine and dies. We are now going on 4 months with no indication of where this is headed. And, as I predicted, it looks like no decision will come before the FTG study is done. It looks like nobody wanted a blank slate after all.
Plus, after closely examining Google Earth, this block is in some of the most desolate country I have ever seen with almost no roads to access much of the block. It is a good thing this FTG study is an aerial study because seismic and drilling both require boots on the ground,heavy equipment, water, food and fuel and even housing. I imagine the pipeline will follow the one road that I can see that provides access to only a small portion of the southern and eastern portion of the block.
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