ERHC Energy Inc (ERHE)

[Gigwoof]

ERHC

>Gigwoof....definately will let you know if B. Morgan replies on the questionable block.

Thanks. Much appreciated BB.

> Your PPS estimates of up to a high of $4.25 in a years time are conservative IMHO. I fully expect discoveries in several of the zones within a year. Said discoveries.....if determined to be of significant size....will send us above this figure IMHO. I look for numbers in your range before the end of 1/05 IF awards go off as planned and ERHC is successful in its bids for addional acreage. Time will tell. If it turns out that your guestimates are closer than mine, we're still in the winners circle.

Agreed, and yes I was being a bit conservative (ditto with my guestimated spread.) Heck, I wouldn't mind being TOTALLY wrong here and have the PPS at $7-10 a year from now LOL.

Either way one thing is crystal clear to me: getting ERHC shares at around 40 cents may well never happen again!