Simple answer, clear to anyone not in denial: ERHC was out of cash and using toxic debt and runaway dilution to keep the paychecks flowing. Even a positive drilling result would not have been able to counter that toxic scenario, thanks to the terrible carry deal ERHC negotiated from their incredibly weak position. The only "speculative interest" was short-lived and created by promoters of dilution insurance, big jane rumors and kaboom lies. Anyone who wasn't quick enough and savvy enough to sell out on that brief run up now owns a lot of ERHC wallpaper.
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