ERHC Energy Inc (ERHE)

[Julius Erving]

Quote by SSC:

Interesting, how can this be an accurate statement - "longs do not need to pump"

It is very much an accurate statement. One ERHC long stakeholder posted (perceived) 'pump' statements, but that does not mean it is needed, given the situation ERHC is currently in, with a valid contract with TOTAL in possesion. It is even FAR from needed.

"So what will it take?"

Like with any other company: news.

I already adviced to wait for news. Total will go ahead at a certain point.


Companies turn to the waters of São Tomé and Príncipe

https://www.clbrief.com/companies-turn-to-the-waters-of-sao-tome-and-principe/

"Mobilisation of oil companies in the EEZ improve the medium- and long-term prospects for oil production in the country."

"Total is particularly active and has been approaching Portuguese oil company Galp Energia for partnerships. The interest of the French oil and gas giant also extends to unused blocks in the JDZ."

If anything that shorters have claimed was even remotely factual, actual and realistic, ERHC would have been left for dead by everybody involved, years ago. The opposite seems to be the case.

Somebody funded the litigation trajectory for ERHC, and they still saw existing potential in ERHC. I'm sure they came to that conclusion after extensive Due Diligence... (probably by looking at the share price for 1 hour straight, without blinking their eyes...)

Longs do not need to pump, NEWS will do that for us. EHRE is extremely undervalued.

The Doc.