Replies to post #193592 on ERHC Energy Inc (ERHE)

[YankeMike]

Good info. It's also based on just $80 oil. There's probably a good chance that oil will be over $125 in 3 or 4 years.

Mike

[emptynester1]

try, at 442m in revenue what would you think ERHE sp would be?

[RKT989]

I was trying to be conservative and simple..I would bet they will have twice that output or more..in five years.

[RKT989]

and thanks for filling in the blank spaces by the way..

[stocks2rise]

Gives me the shivers when I think about what the possibilities of this stock could be! If the world is going to end in Dec 2012 then just please let this stock hit big so I can at least enjoy it for the little time left! LOL

[Tapco1]

Tryoty - Thanks for taking the time to update the math.

Hopefully we can see some gas production 1st in a fast track program. If we are lucky enough to be commercial I can except the fact that you may have to re-calibrate the formula to account for GAS production. LOL

These cold spells always help the price of gas go up. Couple that with China's stated hunger for NG and you have a pretty rosy outlook for the discovery of NG in commercial quantities. It also looks like the civilized world will be implementing NG as a replacement coal in the production of energy.

Thanks for all your efforts.

JMHO

Tap

[farrell90]

Try, Do you have a link to the formula for repayment of the production costs? In my post 193515 I posted a link to the last 10K which briefly outlined the agreement.

I look for documentation of complete agreement for repaying the production costs, but I could not find it. If you or someone else has the reference I would appreciate the chance to review it again. Thanks, Farrell