ERHC Energy Inc (ERHE)

[tryoty]

"But the question is, can they since they don't have the shares to do so"

The answer is a resounding "YES" if they sell the deepwater and buy back 2B of these ill-floated shares... it would be a welcome "apology" and admission that they screwed up big.

Different flavors of the same theme include signing an EEZ partner with cash and carry, signing a Chadian deal with same, or a further farm-down of Kenya (my least favorite option).

Plan A, if they have any clue whatsoever, should be to regain investors trust. A share buyback is top of the list to do that, IMO.

I know, your opinion is different. I get it.