Nobody has been interested in the JDZ for 6 years. How much is that worth? Nobody has been interested in Chad for 5 years. How much is that worth? How much is the Kenya block worth after one dry hole? One EEZ block sold for 4 million. Do you think Kosmos bought the best block or the worst. So how much is the other block worth? Add all those together and I still don't see more than the 7 million in value that ERHC already owes.
I've been saying for years that a dry hole in Kenya and the party is over. I still believe that. Maybe ERHC will survive in some form but existing shareholders will be wiped out again. Who is ready to buy some more delusion insurance so that won't happen?
" AllThose" have very little value in my opinion.....All dusters..Since the failure of block 4 in the JDZ I have pretty much given up recovering my "investment"
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