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Re: A deleted message

Monday, 06/13/2016 12:47:30 PM

Monday, June 13, 2016 12:47:30 PM

Post# of 361292
A billion dollar market cap will occur at 100M barrels (ERHC's share). The MEAN estimate is 662M barrels. There is a min and max to that MEAN, and a discovery at Tarach-1 skews the likelihood toward the MAX which means the 662 MEAN estimate could easily be exceeded.

Say the block pans out to 1B barrels, if ERHC only held 10% of the block by then this will be a $20+ stock.

It really is simple math.

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