Im not sure if this has been posted, but well worth a read.
Valuation/Conclusion
We are increasing our NAV-based price target to $6.00 from $5.00, primarily based on recently acquired acreage positions
GL Matsim
http://www.samsonoilandgas.com.au/IRM/Company/ShowPage.aspx/PDFs/1337-29131273/CasimirCapital27September2011