GREY:SMBZF - Post by User
Comment by
PapaFritzon Nov 30, 2012 4:53pm
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Post# 20668934
RE: Simba Energy's Hassan says co is in "very good
RE: Simba Energy's Hassan says co is in "very good Thanks for the link Box532! I liked Hassan's comments made starting at the 3:50 minute mark when he revealed some interesting tidbits about upcoming developments:
"drilling Kenya within 12 months" "additional data-room signings/interest"
"hoping for multiple majors to joint venture / farm in to all existing assets"
"with a large asset base simba is mitigating the risks and creating long term value"
First Kenya, then Chad or Guinea. Kenya should bring in the right JV soon and I have to keep reminding myself that the other countries where blocks are held prove that they could easily be as promising!
AOI's Twiga was a significant discovery though the market doesn't reflect that yet, it should very soon and that should lead the right JV partner to SMB. IMHO!
Have a good weekend!