ERHC Energy Inc (ERHE)

[tryoty]

mhslowly, that number isn't really out of the question. Split adjusted that's $3.17 per share with 3B shares out. Take away the dilution of the last 18 months and it's $12.68 with 750M shares out. Had the JDZ panned out my number was $14 with 750M shares, pretty much in the same ballpark. Bottom line, proven reserves are discovered with so few shares outstanding this thing will be a rocket.

Personally I think if they sniff oil in this/these Kenya well/wells ERHC will be bought out immediately. It's my opinion that the New Global shell was set up as a destination for Ntephe and Odobulu's (and Offor's?) profits from the sale of ERHC Energy. If I'm right ERHE will go from a nickel to the buyout price ($10, $20, $30?) overnight. If you're in, you win.