SSN 0.00% 1.5¢ samson oil & gas limited

2011 agm presentation, page-9

  1. 555 Posts.
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    No question sentiment is poor at the moment both for SSN and the market in general. SOA and to some extent Defender have not gone to plan. (based on what information we have so far). Thats not to say they are dusters just yet, but im worried like others are!

    And all so easy to jump on the trend and predict doom and gloom, however I keep reminding myself that real fortunes are made by those brave or silly enough to do the opposite of what most others are doing. We still have approx 40000 acres at Fort Peck which is looking pretty good from a nearology perspective so im not giving up just yet. My average is 12c and right now I reckon there is a good chance when i sell my shares I'll be in the black well and truly. SP rocketed from 6 to 20 cents a year ago...no reason they cant do the same again!

 
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Currently unlisted public company.

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