SSN 0.00% 1.5¢ samson oil & gas limited

Ann: Voluntary Suspension, page-55

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  1. 2,322 Posts.
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    perfect storm brewing, i bet we're all very happy now that assets werent sold a few months back
    even if this company was liquidated tomorrow  i conservatively estimate we'd still get 1.2c/share which would give 3bags...dunno how high others bought but the longer we hold on the better the picture gets, value of assets going up by the day...lets hope all negotiations are on hold and all bets are off for now, potentially an extra 50% to the value of our assets in the near term
    a few factors at work here trumpy, venezuela, saudia arabia and texas pipelines

    https://oilprice.com/Energy/Energy-General/ConocoPhillips-Moves-To-Seize-Venezuelan-Oil-Assets.html
    https://oilprice.com/Energy/Crude-Oil/OPEC-Lifts-Oil-Demand-Forecast-Amid-Rising-Prices.html
    https://qz.com/1275211/all-the-reasons-crude-oil-might-go-back-to-100-a-barrel/
 
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