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.