SSN samson oil & gas limited

any hope left?, page-25

  1. 8,720 Posts.
    lightbulb Created with Sketch. 81
    Goldie, good to see you join us and lift the quality of discussion, providing a shred of fact mixed liberally with doses of pure supposition and incorrect information. I'll ignore the last quote in my signature for a moment and respond to your statements:

    "SOA#1 - dry hole" - yes fact

    "SOA#2 - dry hole or close to it" - supposition

    "Gretel II - Dry hole" - supposition

    "Defender - dribbles 25bopd with $1k a day pumps not including labor" - incorrect supposition - that jet pump costs $1k/day and that SSN is still using one

    "Australia II - 7 months later pumping from 3 fracs at only 48 bopd" - incorrect supposition, given that information provided so far is it has averaged 157 bopd

    "Administration costs $1.5 million/qtr" - yes fact

    So the way I look at the above, you start off with a snippet of fact, you end with a snippet of fact, and you fill it with bunch of BS in between - a BS sandwich :-)

    Cheers, Sharks.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.