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1.5¢ samson oil & gas limited

Ann: Operational Advisory and Enercom Conference Advice, page-13

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chand

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18/02/15

18:43

Post #: 14778942
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Originally posted by acreage ↑

Hi there dougfr I think the very infamous "you ain't seen nothing yet" line is neither here nor there, now! I'm sure TB regrets that statement just as many SH's do but, I think he has a real chance now to prove himself and get the coy going and growing ! He's had many years, many dollars and numerous good producing wells as a good foundation for the future. By the time the next A/R comes around I think the numbers need to be far better than they currently are.

The decline curve will be a huge challenge for the coy but, the immediate future looks to be quite positive, it's just being able to keep the ball rolling and the drill bit's continually breaking the surface.

It would be a great story if TB can manage to pull it off !

Good luck !

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Hi
It will be quite interesting to know how they will avoid breaching loan conditions. As the cash lags about two months (as per company statements) then the production for nov dec and jan will contribute towards cash generation. It is not that flash coupled with poo. Interesting times for survival

SSN Price at posting: 1.5¢ Sentiment: None Disclosure: Held
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