ASX Suspension Status, page-25

I agree Tibsy. Although it gives me no pleasure to say so, I do not believe that SSN will ever trade on the ASX again. I did manage to sell 95% of my holding some time ago (maintaining a small parcel for interest only) and this represented my biggest loss ever since I started trading. I can not believe the utter contempt that the company has had for its shareholders. They have milked the company dry by paying themselves unjustifyable salaries and kept us completely in the dark by their lack of timely announcements regarding their financial position. The bitterest pill to swallow is that they absolutely squandered $72 million on speculative plays insted of shoring up their existing profitable wells. I can still recall several of their announcements regarding a wild cat well which they kept throwing money at to try and break through a salt encrusted barrier with the explanation that "the prize was too big to ignore". This was just one of the many gambles at which they played and lost. RIP SSN.