GREY:SMBZF - Post by User
Post by
blackredon Jun 09, 2014 7:09pm
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Post# 22643881
Iris
IrisNothing changes here. 50 million warrants wiped out and upto 50 million shares come in. Remember you are locked in and cannot sell for 4 months and 10 days.
i agree the problem started when we did the passive. Now what I am hearing is the FTG compliments the passive inparticularly around our strongest lead areas p1 and p2. P1 had the highest reading in terms of hydrocarbon response and then P2. Remember P2 is over 100sq km. This is what's getting the Simba boys excited right now.
We all know the Sala rumours 150 meters Gas approx with oil. Now from what I am hearing Sala 2 is in planning already and tey know where the oil is.
This is why they are onto it straight away no dilly dallying. Add to that Afren drilling q3 and Taipan q4 then we sure are onto something big.