GREY:SMBZF - Post by User
Comment by
kjs4381on May 27, 2016 8:05am
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Post# 24909422
RE:Stock price
RE:Stock price Qbar82dv, why would Simba have to pay for Essel to aquire a drill? Where is this fine print you refer to? What are you talking about stock price going much lower? Does this line in the Farmout agreement ring a bell?( Simba Energy Inc. has executed a definitive farm-out agreement with Essel Group Middle East DMCC on block 2A in Kenya, wherein Essel Group Middle East will earn a 60-per-cent participating interest in block 2A by financing 100 per cent of exploration expenses until the completion of the drilling of two conventional wells on block 2A.)
You know what sours the BB? People who post things that aren't true. JMHO