GREY:SMBZF - Post by User
Post by
blackredon Sep 09, 2015 3:19am
237 Views
Post# 24088054
Afren going concern
Afren going concernDelisted com the FTSE 250.
Afren has gone to the dogs, a deliberate sabotage by powerful Nigerians. Even management and directors in the UK played their part.
Afren took over black Marlin Canada to give themselves exposure to the East of Africa.
Simba is in a very strong position to take control of Block 1 as I do not feel Afren will meet its work commitment programme. Simba have the cash backing and will no doubt pursue this monster of an asset whose oil seep flows into Simbas block 2A.
atb
br