GREY:SMBZF - Post by User
Comment by
bazilfawltyon Nov 26, 2017 9:39am
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Post# 27033033
RE:RE:RE:SMB
RE:RE:RE:SMBSuper Money: you want to call it lying....I call it omition of facts. Page 19 sproule report lists all prospects in Block 2 Kenya...the last column on the right is the chance of success....not my words , but as per sproule. Look at the chance of development page and list ,as it states there is only a 10% chance of development. Is that a good number as well to bank on?
You seem to not take these assessments serious enough, and, are blinded buy words from Simba Essel and their fluffy releases and lack of proceeding on Block 2 .Almost 1 year to do or reprocess seismic and then just a 2-9% chance of success? Essel said they would spend $250 million on Kenya and are now looking for a $40 million fund raise of sorts. I am not alone here on laying the wreath on Kenya and moving on to other countries where they have acreage and PSCs in place.
Good luck to you as well