do the numbers stack up? check it out..., page-11

kiwihiker

I strongly disagree with you. Correct that is difficult to base resource value against a share price at a certain given time but there is nothing wrong with looking at value of revenue on a per share basis. How else would you value a company if you dont look at things like earnings, hence the term price per earnings. Revenue is something you need to consider to base a given value of a share asset.

I am sure I cant spell it out any more. You say the share price is also based on other assets. Like what, the large debt or is it the oil not yet discovered. Please dont tell me its the small amount of cash. The current FACTs at play is where I base my value. I will come back once all frac is done and the dust is settled. Lets see where the share price lands then. If I took all assets and liabilites into consideration then that is a different conversation and I would have refernece the facts from the audited balance sheet.

Just trying to add a different perspective to the hype. I have no short term interest in SSN but I do in the long term. I wont be buying into the Gene Frac bagger.