Simba Essel Energy Inc SMBZF

RE:Ajax and Simba

[PapaFritz]

blackred wrote: Papa

Why did AJAX want to get in bed with Simba? Mr shargar must be real Pi55ed after seeing the passive results that Simba terminated with them.

He knows the oil is there and fancied his chances.. After all his company did the passive seismic survey. These guys are the masters of their own devices and with a big success rate too.

thanks Ajax for making it plain obvious why you wanted to get in bed with Simba. Because there is plenty of oil. 

If he saw nothing then Sharger would not have proposed a multi million deal. Even the blind could see that. Proposing to Committing in excess of 35 million on a virgin block is by no means a punt. It is a very calculated investment proposal based on the passive seismic  survey shargar and his team carried out. Must be one hell of an oil seep the Tarbaaj oil seep running through Simbas block.

regards

br

BlackRed; that is exactly how I understood things to be. Ajax, being represented by Shrager their CEO, is the man behind ""passive seismic and geodynamic technology."" They shot the bloody seismic for Simba last year and for them to then offer up $30 M to join SMB can only lead one to think that they must've known the geology on 2A is excellent and the possibility for discovery high! (not as high as MerLIAR but a very good C.O.S.) So while merLIAR goes on incessantly about a ""dead deal"" and things about the PSC that are now irrelevant, I have always considered the "why"? Why did Ajax want to partner up with SMB when the big boys didn't. The majors didn't know passive tech. and Shrager and Ajax do, It is THEIR technology!!! cheers