Replies to post #332472 on ERHC Energy Inc (ERHE)

[Krombacher]

I can't do much with a bar of gold either, because I don't own a smelter. But it's worth something...because people want it.

Who wants Block 4?

Kosmos/BP
Total

and possibly others.

Kosmos valued just that block alone at $500 million. ERHC won the case. Hence, we have an asset worth $500 million.

And that's not including the JDZ blocks which Total is also interested as evidenced by Total's multi billion dollar purchases of the non-ERHC JDZ blocks already.

Krombacher