GREY:SMBZF - Post by User
Comment by
HeyIrishon Sep 17, 2012 5:51pm
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Post# 20377418
RE: RE: RE: RE: RE: RE: RE: Flybuy, excellent cont
RE: RE: RE: RE: RE: RE: RE: Flybuy, excellent cont wimbo - you're dead on heyFirish is absolutely wrong....cheap shares...keep on coming till we get JV or drilling - simbacub
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I don't know of anyone who thinks that we will be drilling this on our own, so a jv will be done before drilling starts. The only thing that could prevent a jv from taking place would have been poor results on the passive seismic, but, that wasn't the case. Once the prospective partners see our data then I expect our share price to head up. I believe this will happen for two reasons: 1) because the data is so good that the chance of having a large find is worth the risk of investment. 2) Even those who see the data but do not do the jv deal with smb will tell others what they saw and this will lead to a share price increase.
I feel confident that smb has the oil on block 2A and that will be just the beginning for this company. Unfortunately, I also feel that war will breakout between Israel and Iran. What the world is missing is that Israel has no choice but to attack Iran. If Iran is allowed to complete it's nuclear weapon program then they will without a doubt bomb Israel. Although this will be bad for all mankind it will be good for oil producers and explorers outside of the middle east. A possible 15 mmbod could go missing at anytime. You can count on Israel to take out Iran's source of wealth so as to shorten the war as much as possible. Wells and in particular pipelines and tankers will become key targets in bringing Iran into submission. You can count on oil prices going through the roof.