SSN samson oil & gas limited
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Ann: Trading Halt , page-41

  1. goldstandard
    5,277 Posts.
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    22/09/10
    19:35
    Post #: 7230782
    A few things which stand out from that presentation:

    1. A single Farm out of Hawk Springs- could this be what is included in the upcoming announcement?

    2. 2010 reserves to be published by end of September

    3. $10US aim in 2 years per ADR, which is about 52c AUD IF the FX rate remains at 0.95 USD/AUD. This doesn't include non Bakken or Neobrara. For example Gulf Coast.

    4. TB expected a value of $1.84US per ADR (10c AUD) upon the closing of the deal. If the whole sale is finalised by Friday, then can we expect 10c?


    SSN Price at posting: 7.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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