ERHC Energy Inc (ERHE)

[tryoty]

Krom, there is nothing wrong with your spreadsheet, but there is with your inputs. You want to use Total's purchase price of a non commercial asset as the driver to predict ERHE's potential share price with commercial discoveries. That's wrong.

If your intent with the spreadsheet is to show that ERHE's share price won't move much from here if discoveries are not commercial... well DUH!