ERHC Energy Inc (ERHE)

[tryoty]

Ignoring the value of a discovery *is* delusional. It won't be months before results are known. The drilling results are known NOW.

Try this... look at what Africa Oil did... Ngamia-1 thru 7ish were drilled and then they sold half their stake for $400M in carry and $400M in cash. *Half* of their stake was worth $800M. They started with 50% and kept 25% plus $800M. Use ERHC's percentages and do the math. You will quickly see that a 50 cent valuation is comical.

Anyway...

Tullow announced the Ngamia-1 discovery 61 days after spudding. Tomorrow is day 61 for us. Could it still be weeks away? Yep. Will it "probably be months"? Very doubtful.

What do you base "probably" on anyway, your penchant to be as negative as possible?