GREY:SMBZF - Post by User
Post by
kjs4381on Jun 30, 2015 10:12am
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Post# 23880528
Peace of mind
Peace of mind
What long term shareholders now have is peace of mind. That in itself is huge. We have a partner for 3 of Simba's psc's and a partner on future projects. Good chance we'll be drilling in Kenya first quarter of next year and progress being made in Guinea and Chad. It won't be long before we start to get a steady flow of NR's. If we had got this news 2 yrs ago we'd be at 25 cents at least.
"Simba has successfully obtained production sharing contracts in three countries in Africa and is now ready to proceed to the next level in the development of its portfolio of exploration assets. This includes completion of a seismic program in Kenya, leading up to the drilling of our first exploration well on block 2A, and advancing our exploration programs in Chad and Guinea. We are delighted to enter into this agreement with the Essel Group which will provide Simba with strong financial, technical and marketing support to advance development of our properties," said Robert Dinning, president and chief executive officer.
When the details come out in the next NR people will be wondering why they waited to get in and it will be at much higher prices. JMHO