Replies to post #237573 on ERHC Energy Inc (ERHE)

[equity2all]

post# 237532 you stated: "I calculated that once. Total bought JDZ B1 for something like $500 million, if I recall, using NSAI numbers from the past that equates to something like $.50 cents a share for ERHC for Blocks 2, 3, and 4." now you state: "So even if you claim that the JDZ Block 1 expenditure was made later on in Q3 or Q4, the numbers above indicate that at no time was the ENTIRE capitalized exploration costs for ALL projects in a given quarter greater than $628 million. Hence, by logic, JDZ B1 could not have been purchased for more than that.".