Replies to post #314742 on ERHC Energy Inc (ERHE)

[tryoty]

Africa Oil's valuation is just as out of whack with reality as ERHC's.

It's not a good metric, unless you want to undermine ERHC of course.

[tryoty]

Scorn the numbers, real numbers, all you want.

Apache Oil recently rejected a $20B offer by Anadarko. Apache has 2.9B in proven BOE equivalents.

That's $7 per barrel in a very down market, as you keep repeating, and that offer was rejected.

If ERHC's Kenya Tarach-1 well hits oil, ERHC is worth at LEAST $10 per share. If the follow-on well hits oil $30+ is in play.

Talk me down all you want... those numbers are real.