Cmonaussie,
I think the guys at Mutual Bank of Omaha did just that. Crunching Samsons FUTURE numbers. Why would they have given Samson O & G a waiver for the breached quarter, if they were convinced the numbers were going down hill continuously? They would have pulled the breaks already.
Under the current circumstances with oil trading at 50 bucks, this is a very positive sign IMHO and it points in the direction of a tremendous rise in production coming which will cover up all of the debt related obligations for the longterm future IMHO.
And do not forget the timely suspension of further drilling / cost cutting.
Do you think those guys at work aren't smart? And they have more numbers then you and I IMHO.
Your number crunching follows strict logic but the outcome often twists to an irrational negative outcome imho. Why is it so?
c
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