ERHC Energy Inc (ERHE)

[Stay the Course]

If you read this announcement it sounds to me like an estimated possible total figure of $16Billion and not a firm commitment like a construction contract, e.g. it says "one of the biggest commitments by any block of the world to look into what is happening in Africa". Not unlike other announced big plans that don't quite come to pass in that part of the world.

Next if you count up the events BB postulates there's nine of them.

Suppose there's a 50-50 chance of each happening and affecting ERHC.

Then the probability of them all happening when these dots are connected is 0.5 to the ninth power or 0.1953 percent.

In E&P and investing worlds of P90 and P50 and P10 possible reserves that ERHC might have, what value does connecting these dots really bring this board?

Dots gone mad........

Right on midtieroil.

Umbra might say "dottiness"

Here in the US on this board, believing in oilygrams and dottiegrams, does that constitute "being in one's dotage" ?