Replies to post #71726 on ERHC Energy Inc (ERHE)

[dbernet]

So if we are Gawar sized as Umbra, Electick and others have hinted, we will be worth fifty dollars a share undeveloped. That would be OK. Yup.

Tongue firmly in cheek.

db

[TFA]

don't look now, but I think those figures roughly coincide with what MAESTRO said a few months ago!!

we're in the money
we're in the money
we're in the money, honey
that ain't no lie.

[brez63]

My bus to the airport is now at 14:05 so I'm good.

Dat, at the end of the day, which ever way you calculate (guess, taking into account all taxes, or comparables) you can always refer to a worth in terms of $/barrels of oil. This Value is dependent on exactly what you said, possible/propable/proven etc

That is why on my spreadsheat I have a spread starting at $1/bl to $12/bl. The more you become confident about the price to more to the right you choose the value.

As well the second part of the spreadsheet take into account a different way that other posters said that one should calculate the value. In the end, the PPS are similar.

I think the bottom line is, one can easilly see that we are worth more than .40 .50 or .60 PPS!
Cheers
Brez

[intergate]

Im just an investor also.
As I have said before I was also an investor in UTS and oil sands co. They have no production and wont until 2012 .. My point is that with each leg up in uts case I was in @ 0.60can some drilling was done and they came out with high propability the stock went up some .As petrocanada and teck join as partners it went up more.
Still not producing but the SP sure has today 5.00 with a high of 8.00. So if they have the goods and someone is interested the SP will move.