Wait for it buckaroo. Your months long carping about the Kenya leases will soon be shown to have been futile lip flapping.
Someone conspiring to keep it down, gyrating wildly. Was up earlier today strongly, now hovering green/red/green/red. Freaking manipulators and day traders.
Fact--the 2nd phase has been applied for and all work program requirements of the first phase have been met; Fact 2--the licenses currently have no value, value is only given for reserves and resources.
With due respect, you don't have the faintest idea. The Kenya onshore leases will be extended to the next phase. In addition there are no reserves or resources associated with any of the Kenya assets. All the value currently in the company is attributable to Nigeria and Ghana. Quit pushing this falsehood.
Well if it isn't the racist board baiter! Where ya been, Mook? I have a question for you since you hate ERN so much. What do you think is a good long play in the African oli and gas space at this time, and why?
The Kenya leases have nothing to do with the valuation of this company. Maybe someday they will if there is discoveries made. They will be renewed in any event. The value of this company at the moment is in Nigeria production and exploration prospects. The low stock value has to do primarily with the vicious short attack and low oil prices.
It's the black hating white boy in Africa, spreading misinformation. For someone so proud of his reading skills, you seem to have trouble understanding that Northern takes NOTHING. All disputes are settled and all claims released.
What the heck, stock price completely divorced from reality. 14K barrels per day, massive prospective resources, relatively low debt and apparently according to the shorts its worth zero. It's being manipulated because it can be, pure and simple. What a great system. Real holders trying to build and grow something being undermined by quick buck artists.