Hi Buc,
There has been a lot posted - and I like your response - but I would say I think you've missed the obvious, which to me is that Niobrara is what is (was?) supposed to give SSN momentum and in terms of SP target price (per Hartleys it is NAV 21cps out of a NAV 37cps target). and if its a dud then 60% of that target is lost.
If true, that is a losing a lot.
I don't think (or maybe it' hope) the Niobrara is a dud area.
After tonight, we might just see 7.5cps or lower today on ASX. Bad timing on my part
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not such a great night, page-86
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