SSN samson oil & gas limited
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re:oil hits $80 +, page-21

  1. sushi1
    6,389 Posts.
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    01/10/10
    10:18
    Post #: 7267633
    Yep, IMO the value of SSN is just too great for it to be left alone.

    The good well result reduced the cost/risk factors by another $10 million or so and based on my calcs, the 'cost' to a buyer at 10 cents a share to go 'all in' on the Niobrara by selling everything else is now around $A60 million if it turns out to be totally worthless.

    SSN Price at posting: 7.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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