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Simba Essel Energy Inc SMBZF

Energy Oil & Gas E&P
Simba Essel Energy Inc is a Canadian exploration company. Its principal business activity includes the acquisition and exploration of resource properties. The company engages in the process of exploring its oil and gas properties.


GREY:SMBZF - Post by User

Simba Essel Energy Inc
Bullboard Posts
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(13)
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Post by kevster70on Oct 12, 2016 4:29am
160 Views
Post# 25333677

mixed news for me

mixed news for me
I do agree that Essel excercising the warrants to clear the debt and provide working capital is the best way to go about it rather than dilution again..Reality is if they had done a placing they wouldn't have got 7.5c that's for sure,more like 6 at best... However nobody seems to have picked up that as of yesterday seismic still hasn't been completed and is ongoing..At least even MRAM can now start to accept that drilling will be quarter one now...So for me mixed bag,good news on the finance but a very poor update on anything else..
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities