ERHC Energy Inc (ERHE)

[Tapco1]

Tryoty - It has been proven many times on this board. Some just don't want to accept it. That's just par for the course on these boards.

All you have to do is look at 4 Items:

The Total amount Addax receive from Sinopec. = A

Addax total Reserves at the time of acquisition. = B

Average approximate cost per barrel (Paid by Sinopec) for those reserves as determined by the market at that point in time. = C

Approximate value of JDZ assets as part of the total deal = D

D = A -- (B*C)

Then D/A = % of the deal attributed to the JDZ Assets.

JMHO

Tap