SSN 0.00% 1.5¢ samson oil & gas limited

$50 million dollar cr, page-10

  1. 13,005 Posts.
    lightbulb Created with Sketch. 1869
    Don't know about viewing pleasure ---Sharkattack post... I once believed the same ....

    "get them to somewhere near 25-30c. Then they will look to offer a slight discount and raise cash for a big drilling campaign.

    As they have $42m in the bank, TB and the other directors would have no need to raise cash now and dilute shareholders at such a low level"

    Now it looks more like the SP 2.5c to 3c with 4.2mill in the bank end of 2012
    with a need to raise at massive dilution funds to allow further exploration of leases...
 
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Currently unlisted public company.

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