ERHC Energy Inc (ERHE)

[Krombacher]

If Ntephe sells Block 4 for $100 million, which is quite reasonable...then that's 3 cents a share right there.

If he sells the JDZ for $300 million as the well researching Sneak once said, then that's 9 cents. So we are already in the teens with that.

Factor in the two up to 15% carries we already have in the EEZ...and 5% carry on Block 4 as suggested by AEI, and who knows what percentage we keep in the JDZ (remember that we have nearly 100% interests in those blocks because the Sinopec percentages reverted back to ERHC...minus of course whatever small percentages the govts hold).

And then start calculating the massive potential finds based on existing seismic and the newly discovered seismic in the top secret document that was HIGHLY confidential...but publicly available on the internet (LOL)...and then apply those carries...if you look at the first link in this search result:

https://www.google.com/search?q=%22erhc+energy%22+%22strictly+private+and+confidential%22&rlz=1C1DKCZ_enUS787US787&oq=%22&aqs=chrome.0.69i59l3j69i57j69i59l3.3234j0j7&sourceid=chrome&ie=UTF-8

...and dollars are possible. Next throw in some blobs in Kenya...and teen pennies really underestimates things.

We're going to dollars bro, in my opinion.

Krombacher