GREY:SMBZF - Post by User
Comment by
PapaFritzon Jul 17, 2013 10:58am
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Post# 21612749
RE:Go Simba
RE:Go SimbaK1, smb is not a 1 trick pony and I hope you were able to grab some in the 7/8 range? I told you the bids were piling up and it didn't take much for SMB to start some upward momentum!!!
Simba is without a doubt the crown jewel of all the African juniors in the O&G world. Name another junior on any exchange below 1 dollar that holds the assets that Simba does? ;-)
-Farm out in Kenya announced 2 months ago and it sounds like the MOU is about to be finalized!
-Fantastic assets in Chad adjoining discoveries from Griffiths (200meter net pay) and now producing 15000 barrels/day
And then there's Guinea with oil seeps in abundance all over SMB's blocks.
Plus, there are 3 other areas pending PSC's (that we know about)
I see that AOI is starting to move up as well, I believe the results from Etuko (4th well) are due any day now!