$8 is crazy talk.. I have been an Erhc shareholder since ~ 2005.. nobody is going to pay $8/share for -2 billion shares.. that is $16 Billion dollars, for what? Some non commercial JDZ wells drilled? Or a well drilled nearby in eez block 6 (Jaca)…. No way.
I think Erhc might be able to sell their remaining jdz and eez rights for maybe 10-20 cents a share.. and after all this time, I would gladly take that..
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