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Julius Erving

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Julius Erving

Re: jsc52033 post# 8484

Wednesday, 05/18/2016 2:56:05 PM

Wednesday, May 18, 2016 2:56:05 PM

Post# of 18778
when that oil will be sold, years from now, oil is at $60,- plus for sure.

What do you mean by divided by 5.53? Dilution?

ERHC share example of 20 million barrels at $60,- (at least!) is $1.2 billion divided by 43 million shares = $27.90

If commercial oil is found, everything is ok. And that's an understatement.

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