Simba Essel Energy Inc SMBZF

Cantab

[blackred]

I agree with you. Simba has traded massive volumes in the last 2 - 3weeks. This volume has been created by persitant buyers who were prepared to  pay 21.5 cents so they were desperate to get hold of stock.

I think we traded at least 20-25 million shares. The placing at 8 cents was not touched as investors are locked in for 4 months.

There is so much news to come and anything significant will trigger an onslaught as Kenya and East Africa is regarded as a hydrocarbon hotspot. Anyone exploring will now fancy their chances as the game has changed now oil has been discovered on the East coast.

What is even more interesting is that the West coast of Africa has had the shine taken off it but all that will change now Chevron is drilling off Simbas block offshore Liberia. West Africa still the real deal Tullow has already confirmed there is a working hydrocarbon system offshore Liberia. Nocal have invited hassan back to Liberia. I doubt it to waste another airfare. I guesss now Block 13 offshore is sorted they would like to complete Simbas onshore PSA now Simba have the money. Maybe that was the sticking point no money no PSA!!!

We also have Guinea news anyday now which has to be announced by the ministry in Guinea before Simba can announce the PSA.

If AOI was 2 CAD before they hit 1 drill in the ground I expect Simba to be 1 CAD at least.