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Simba Essel Energy Inc SMBZF

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

Post by HARJAYon Jan 20, 2020 10:48am
125 Views
Post# 30573187

Just wondering

Just wonderingIf Hassan manages to attract a major to come in and bail out SMB how does that affect Essel's percentage of the co. The major for a big investment to move at least Kenya forward  will want to hold control and somehow  i don't believe Essel will give their percentage away  for pennies on the   $$.  they may have to for another co. to come in and save SMB. Maybe Hassan  can as he seemed to have many contacts in this sector  but i believe there are a lot of complicated obstacles in the way. Essel won't just walk away even if for unknown reasons won't put any more money into this venture they got themsleves into

My opinion for what its worth.
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