ERHC Energy Inc (ERHE)

[Krombacher]

we exploded just before the JDZ and so did a number of other companies when they had the following:

a timeline that could be adhered to regarding when drilling will occur...

a resource estimate of what someone could expect...

even if we use your "half rule" and use only half the resource estimate, we can then calculate in today's dollars what the company is worth after they drill and find oil, IF we know when they will drill.

And I am betting that the stock price will be worth much more than it is now even with that half rule.

And given that they had TWO teams on the ground doing seismic, if they have TWO prospective areas to drill, then you may have to double that half rule...!!!

Krombacher