SSN 0.00% 1.5¢ samson oil & gas limited

is a buy out in ssn's future soon, page-13

  1. 1,675 Posts.
    IMHO we do not have to worry about a buyout on SSN.

    1) Not enough acerage to take over
    2) Short term cash position adequate
    3) Buyout company or partner will require to view 3-D before any action.

    Due to the size of SSN and its position it makes sence to partner on specific areas that have a proven history along with future potential shown on 3-D.

    Why go thru take over cost when a partnership will perform the same cost benefit. I do think SSN will need a strong partner in the near future.

    Bob
 
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