SSN s/holders are constantly griping re lack lustre market...

SSN s/holders are constantly griping re lack lustre market performance of SNN share.

Below is a "quickie" overview. It is crude but (hopefully) should provide indication/ explanation of apparent market inertia towards SSN.

Lets take emotions and lets pretend we are comparing three Aussie companies trying to break into US shale oil: SSN, SEA + AUT. For the record, when I first got into US shale, all three were "dirt cheap" and AUT has been enjoyable.

For simplicity, I am just comparing production Vs script (amber column). This column shows barrels of oil / million shares. Even with Terry's prediction of 2000 BOEPD (for 2016), (by above reckoning) SSN would equate to 1/10th, of SEA current rating (about $1),ie., about 10c.

So as it stands, with X5 more shares on issue than SEA or AUT and 1/10th of SEA oil production, should we be surprised at lack of market response?

The above are only my musings to justify another coffee.

MS