Post by
Indira on Jan 16, 2019 5:54am
Total -----Buy out of Simba Essel Energy
Can Simba's all PSCs be auctioned out All Kenya 437.7MBoe...................... Liberia 500MBoe speculation - ........ ............ Guinea 500mboe speculation............ ........... Chad.....Duster.......speculation........................... Total 1.5BBoe @ $10=====$15 B Pay Smba $500M to $1B and Essel can have the rest .. $1.00 $2.00 per share for waiting almost 10 years................... I don't think Essel is capable of any progress and Sjmba definitely Is dead meat.........I don't assume Essel can find a 3rd Partner....... Just do the smart thing and reward all the shareholders patience.... Last Respect..
Comment by
udontneed2know on Jan 16, 2019 6:33pm
Sounds like the best case scenario, no way this will happen. No third partner will be willing to deal with ESSEL due to their complete unabiltiy in this sector. And yes. I already reached out many times to ESSEL but you dont even get a response, other than "Vancouver will answer your questions", which they don't. As said before, this company is a complete shitshow!