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ssc

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ssc

Re: Krombacher post# 349450

Wednesday, 04/06/2022 9:31:58 AM

Wednesday, April 06, 2022 9:31:58 AM

Post# of 367103
Some fascinating assumptions being made:

1 well in 1 block can derisk the entire EEZ

Total would make a $30 billion decision based on that 1 well

erhc will absolutely be bought out based on the results from the Shell well in block 6

If those results are bad there won't be any buyout price in the dollars, actually much closer to zero. I understand that even 1 penny/share would thrill erhe shareholders who have been stuck with worthless shares for years, but that's sure a long way from dollars.

By the way, the revenues you spoke of, how much are erhc's annual revenues these days? To make a statement that they are not correctly reflected in erhe's share price, that revenue number must be known or at least assumed. So what's the number?
Volume:
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Total Trades:
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  • 1M
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  • 5Y