GREY:SMBZF - Post by User
Post by
blackredon May 09, 2012 5:33pm
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Post# 19891879
Simba
Simba News is due and a lot of people are waiting for Liberia. I think Simba has shown that it can raise the cash in testing markets and they can now pay the 800k for the Liberian block. An invitiation by NOCAL bodes well for Simba and 800k for Nocal is a lot of money as well as social resposibilities Simba will undertake. A lot of folk are waiting for Liberia to come off as this was the core project Simba and some positives and I expect a lot of buying when the news is out.
Each property will have so much news similar to work in kenya so we could see 2 CAD even before we hit a drill in the ground similar to AOI. Remeber there was not a drop of oil in kenya and they were at 2 CAD plus yet we have basins littered with oil in West Africa and Kenya.