Some fascinating assumptions being made:
1 well in 1 block can derisk the entire EEZ
Total would make a $30 billion decision based on that 1 well
erhc will absolutely be bought out based on the results from the Shell well in block 6
If those results are bad there won't be any buyout price in the dollars, actually much closer to zero. I understand that even 1 penny/share would thrill erhe shareholders who have been stuck with worthless shares for years, but that's sure a long way from dollars.
By the way, the revenues you spoke of, how much are erhc's annual revenues these days? To make a statement that they are not correctly reflected in erhe's share price, that revenue number must be known or at least assumed. So what's the number?
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