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0.00% 1.5¢ samson oil & gas limited

The miracle has happened with the Foreman Butte acquisition. TB...

  1. buc
    7,853 Posts.
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    14/05/16
    14:22
    Post #: 17767092
    The miracle has happened with the Foreman Butte acquisition. TB has created enough equity with the deal to do a $10-20m jv and pay off debt, imo.

    Foreman Butte valued at $85 million in October 2015 - minus $20 million debt = $65 MILLION


    SSN Market Cap - $16 million
    SSN Price at posting: 0.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 9  Upvote
    lightbulb Created with Sketch.  Great analysis
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