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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
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Comment by Atonon Sep 19, 2017 11:47am
130 Views
Post# 26714139

RE:RE:Better not

RE:RE:Better not
Well the report and the news regarding the drilling in 4Q In Kenya seems to drag on and it could be that Essel / Simba wants to develop the other assets first and wait with Kenya until 2018-2019. Simba holds, as we all know, a full hand of other extremely interesting exploration blocks and it could be so that they now leans on to put their money in those blocks first. It would simplify the merger process if they just do the sproule report and place a bid on the whole Simba cake. I think it will go through if it's in the area of 20-30 cents.
 
 

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