ERHC Energy Inc (ERHE)

[ts3221]

So if the company stcok was valued at 13.8 cents after the five wells were drilled, wouldn't that infer that the JDZ and the EEZ are valued (estimated) far lower than any of us would have liked?

One could also infer that the frenzied work being done today is to find other ways to add value other than the JDZ or EEZ.

Also, based on that valuation, we would have to give up a whole lot of our percentages of the not-so-valuable JDZ and EEZ to fund the new frenzied work.

I hope I am wrong!