SSN 0.00% 1.5¢ samson oil & gas limited

1000 bod by feb 2013, page-11

  1. 830 Posts.
    if we take your approx $12 profit sharks, just for conversation sake this would cover:

    - our ridiculously high admin costs of about $9.5million, this needs definite looking into at the AGM!!!

    - leaving us with about say $2.5million, which I would rather see paying interest off a loan being used for drilling wells. That would cover just on round figures about a $40million loan, we'd get at least another 8 wells in FP for that (using $5million - at 66% WI)
 
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