SSN 0.00% 1.5¢ samson oil & gas limited

Scrat212The absolute number to third decimal place.....well,...

  1. 471 Posts.
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    Scrat212

    The absolute number to third decimal place.....well, yes..I agree.

    However, the process of DD is at core of statistics or TA or FA. you, I and other in SSN or in investment do this all the time - we just dont formalise it to third decimal place but we call it DD. It is there in CoS for a drill, in Risked Evaluation, etc. Some these are retrospective and other forward looking...ALL should be taken with "grain of salt".

    FIW: The statistic simply re-iterates what we all know....SSN spending > earning. Not a good situation but hopefully soon to change with current driling/production programme.

    Take it for its is...

    Good luck
    MS
 
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