ERHC Energy Inc (ERHE)

[2IRAs]

We have oil rights in 4 different areas and that is the company's strength right now. 4 chances to roll the dice provided we can get carry's or financing. We have a carry in Kenya pending approval. May have to go it alone in Chad a bit, but I think we will get financing to at least do some initial exploration. I personally don't want to hear about gold or diamonds. You know what they say, "What is a gold mine?" "A hole in the ground with a liar standing over it."

Our carry (pending) in Kenya is worth what? 40 or 50 million dollar unsecured loan, right? That is huge.