GREY:SMBZF - Post by User
Post by
kjs4381on Jan 08, 2014 9:29am
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Post# 22068907
New deal
New deal
The thing about the new Deal that some are not getting. Besides the fact that Simba will have money in the bank, and a carry through the 6.6 million dollar 2d seismic work program.
Once this work is completed Simba and their partner will be able to Farmout the Kenya PSC for much more than they were with the Ajax deal. The main reason Major's haven't come calling is there wasn't enough info available for them to to make an offer to Simba. ( they told Simba they were interested but needed more info )
Once they do the 2d seismic, there will be o shortage of offers and good ones.
JMHO