SSN 0.00% 1.5¢ samson oil & gas limited

december quarterly, page-2

  1. 3,989 Posts.
    Hey sharks37,

    your calculations on their cash balance have come in almost exactly ! from my old memory of reading your post a couple of weeks ago ??

    Great work and congrats to you for keeping your detail very correct and true.

    Nice amount of cash in the bank which they will definately need this year.

    Defender looks to be producing about 75 bopd ( 37% ) for SSN so far. Thats a top end figure with the 30% oil cut.Still a long way to go with her but it's looking really good me thinks for them.

    Good luck to you all,it's looking slow but steady and quite solid from where I am reading.
 
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