Simba Guys
Its not all doom and gloom. There is some very funny trading activity going on and yes the stock is not doing what its suppose to.
Next week the data room opens. Remember Simba had 6 meeting in London back in August and they will want to see the Data in the data room. As it stands we all know AOI is another hit and Pai Pai should be announced in December.
I really do feel that come a week or 2 or maybe 3 that Simba will have attracted considerable interest in its Kenya block.
Simba thinks it has 3 - 4 billion barrells of oil I know JD is ecstatic because the passive confirms what he saw when Simba reinterpreted the existing seismic. Infact he now believes the resovoir is massive and the prospects excellent.
I know you can count on 3 hands the number of CAs that have been signed so it could take a week or 12 weeks for a JV to come on board. All it is going to take is some geologist that will be thinking along the same lines as JD. Ex Top man at Exxon says we have massive resovoirs then I think most will go along with him. I am sure the data room will confirm this as well.
If there is a better junior in Africa with elephant size fields?? No
One equal temper of heroic hearts,
Made weak by time and fate, but strong in will
To strive, to seek, to find, and not to yield.
Good luck Simba
ATB
BR