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  1. 6,284 Posts.
    The biggest risk here has to do with keeping a regional autocratic administration of the greater failed muslim state on side.

    The forced hand removal of Liban Bogor has perhaps done irreparable damage to the relationship, hence the continual forrestania sentiment testing of the waters by a small number of new nics here on h/c.

    Hersi may have a constitutional trump card to play too.

    Remember, part of the punty election deal is that it must be based on a new and yet to be ratified constitution.

    If not passed before the up coming punty elections, he has the right to install himself as a care taker leader for an extra year.

    Now the last day to ratify the new constitution was supposedly the last day of their parliamentry sitting, which was Aug 24 ( from memory)

    So you need to consider whether Hersi is good or not good for a continued aligned presence, and whether your q4 08/ q1 09 anticipated prognstics from what aoi hope for are indeed what Hersi still requires...and in the insuing period, more back door deals talks with cp, pc, kec-metco,,more brown paper bags, more risk of further turmoil from the polarisors and potential death threats from Yusef's oil minister, ( condoned by who in Yusef's power base ?

    So if they do get a rig into the country without further death threats, are you expecting a huge sp increase.

    It doesnt happen like that anywhere else these days, and other junior explorers without such sovereign risk do not run the next level of risk...that is to say, the risk of having the whole maiden play blown up by fundamentalists backed by intenal power bases, or the threat of a find all of a sudden becoming nationalised...imo this has decades to run in the ping pong syle it has to date..meanwhile the punty admin make millions on the potential of 10 billion barrels of potential.
 
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