JDZ Nigeria-Sao Tome e Principe

[seek the light]

ERHChas proven.....Thanks. I don't know why i doubled the O, as someone else also had pointed out my errow the day before. i will try to get it right from this point on anyway typing and spelling have bever been my strong point.

This Oando-Exile deal really has me confused as to what Oando may place into Exile for their 100 million shares. It could be an effort to consolidate the EEZ and JDZ assets into one company as sneak suggests. If that is the plan i believe it could be a reverse merger like 2IRAS suggest, but between ERHC and the new company. And it would be because of the needs of the behind the scenes buyer.

If Oando rolled all of their EEL assets plus Akepo i suppose it could approach the value sneak speaks about. The obvious implications are the assets are valued by the two parties at $3/share which could be around $400 million market cap for the new company.

In any case we eill have to wait a month or so to find out any details of this deal, imo. I do not believe we will have to wait that long to hear about the Chad blocks. I do believe they are valuable and when the partner is revealed [expect soon] our stock price will rise to reflect that value. I would expect a price of 50 cents or better soon.