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Simba Essel Energy Inc SMBZF

Simba Essel Energy Inc is a Canadian exploration company. Its principal business activity includes the acquisition and exploration of resource properties. The company engages in the process of exploring its oil and gas properties.


GREY:SMBZF - Post by User

Bullboard Posts
Post by blackredon Jul 13, 2012 5:29pm
172 Views
Post# 20112587

Tim

Tim

Tim your words

Now...on a kinder note...I do still see great potential in SMB. Unfortuantely....we wait for a JV. The only way we have potential is if we can drill Kenya. And the way towards the driling of Kenya is through a JV.

   Hopefully we get that JV partner and hopefully they hurry up and drill when they get it.

Why is it unfortunate we are waiting for a junior? How many juniors can dream of the position we are in, Cashed up and ready with proceedings for a JV. Why is that unfortuante?? Do you think that somemajor comes knocking on your door with a blank cheque book and says here you are Simba , theres your cheque for the farm in and they walk away. It don't work like that no matter how big they are. Certain protocols have to be followwed, due dilligances ie examination of data, seismics structures terms and conditions of PSCs, and then these have to be relayed back to a boardroom of the prospector  and maybe further meetings are held. What if there are numerous parties interested, Confidentiality agreements need to be signed, and if things develop maybe a Memorandum of Understanding. For the 100th time SIMBA IS SEEKING A PARTNER. and it aint going to happpen overnight. You keep on saying the same thing over and over again Simba needs a JV, Simba needs a JV Simba needs a JV. Yes they do and they are working towards one as we all know. If waiting is too much for you and it is unfortunate for YOU, invest in AOI. They have hit so fortunately for you you won't have to wait. Put your self out of the unfortunate situation you have put yourself in. It's certainly making you miserable.

This is a junior and management are trying tto make a company, let them get on with it and wait for the results instead of playing the same record over and over again.

What you don't say is how good these blocks really are?? There are awesome. Management and Jim are awesome. Thats why I have invested in this company because each block in each country is a potential company maker. Note these words potential company maker on each block in each country.

Tim I ask you 1 question why have you invested in SImba??? I have told you why I have invested in SImba.

I doubt I will get a reply as to why you have invested in SImba and also why it is unfortunate for a junior to have to work hard and wait to acquire the right partner.

As the saying goes Rome was not built overnight.

ATB

BR

Bullboard Posts