SSN 0.00% 1.5¢ samson oil & gas limited

capital raising, page-57

  1. 1,009 Posts.
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    Just a quick update, went to the Melbourne briefing today.

    Not as bad as I first thought with the capital raising, the company will try to explain in their market release why. More to do with timing to access funds and the reuqirement to commit to the next 4 Three Fork wells. Don't see it as an issue as it keeps the infill program going.

    Will try to go through my notes tonight and provide a further update. Did come away feeling a lot better about things than I did when I went into the briefing. The sky isn't falling and I still see a furture for SSN.

    Tim
 
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