Replies to post #316487 on ERHC Energy Inc (ERHE)

[Strategyone]

tryoty,

Great points. That is exactly how I think this will play out.

Fairly strong chance the company is sold out entirely.... no more future dilution.

If not, leverage their oil strike to get cash and carry for more time to explore other assets.... no more future dilution.

Oil prices are still trending up so the market is getting better and better. At some point, some oil company is going to give ERHE a cash and carry deal on Chad and EEZ. At that time, they will be reimbursed for all the expenses incurred to date on those projects.... no more future dilution.