SSN 0.00% 1.5¢ samson oil & gas limited

Ann: IPAA Conference New York, page-4

  1. 10,804 Posts.
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    Hi @strauss
    No I was bought in by the large sell at 0.004 .... figured that was a binary point for me for asymmetric risk reward ... so far the risk has outweighed the reward.

    This presentation doesn't have anything new that I can see with the exception that it would be truly bad form from TB to present this if the Credit Facility negotiations have soured and OAS is prepared to push SSN into default if not paid on Apr 1 (which I thought was repayment date). On that basis SSN is alive and not on life support.

    The only announcement I truly care about is the Credit Facility/Liquidity/Capital Structure - every else follows that.

    We'll see soon enough
    GFTA
 
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