re: Ann: Samson enters into a US$25m credit f...
I don't think anyone is happy that we have gone this far backwards but the fact that the company is borrowing rather than doing a credit raising with the obvious dilution, especially at these low share prices, is a much better move. Also the fact that we are given credit indicates that there is value in our assets. Lets just hope that over the next month or so, sufficient oil shows puts us in a position where we do not need any further loans for a while.
SSN Price at posting:
2.6¢ Sentiment: LT Buy Disclosure: Held
