SSN 0.00% 1.5¢ samson oil & gas limited

the big and fast $ has already been made here, page-30

  1. 4,045 Posts.
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    If interest rates are close to Zero in the US why would SSN want to pay off their debt..

    Why not transfer the $$$ to Oz & put it in the bank, then borrow what they need in the US where interest rates are 0? They'd probably get 7%+ here, and have the money to drill in the US. I suppose it sounds simple, but probably isn't, have to watch the Oz$ for the exchange etc.

    Still it's nice to have the "problem" of what to do with so much cash.

    Anyway, managed to pick up some more oppies today at 057/058, happy with that :)

 
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Currently unlisted public company.

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