GREY:SMBZF - Post by User
Comment by
PapaFritzon Dec 22, 2015 1:32pm
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RE:RE:RE:RE:RE:ESSEL group will take over the proceedings very soon
RE:RE:RE:RE:RE:ESSEL group will take over the proceedings very soonkmacroecon wrote: PapaFritz-- I take it you have a shareholder of SMB for a long time. Must have been pretty exiciting to see Essel come on board this past summer?
A lot of economists seem to think Oil is oversold and should settle around 55-55 for the next two years; assuming SMB can get oil to Indian market and the reserves are as attractive as we all know them to be, then I can see why you were so excited.
Kmacroecon, I've been holding about 5 years now and I'm betting that 2016 will be Simba's (&Essels) year!!
There's been hiccups and false starts but Simba finally came through and gave us all the best partner in Essel Group and the best terms that anyone could have ever expected!!!
$100 M+ in drilling and we keep 40%? Are you kidding me?
This party just getting started~
Its going to be one heluva 2016!!