GREY:SMBZF - Post by User
Comment by
kjs4381on Jun 23, 2015 7:56am
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Post# 23858326
RE:Essel will invest 250 million us in Simbas Portfolio
RE:Essel will invest 250 million us in Simbas PortfolioThe article does say 250 million but that number may be somewhat inflated, the real number may be closer to 100 to 150 million, but still a HUGE deal for Simba, Regardless of the number, if we get even a 2 well carry for each of Kenya, Chad and Guinea plus all the FTG and seismic work without having to raise funds or look for a partner, the deal is nothing short of HUGE. GLTA