RIP SSN, page-13

For now, SSN still has 39 791 barells or 500 bopd for 2.5 months @ $92 to sell.

The big question remains, can TB pull another rabbit out of his hat and score a lucrative deal for the liquid nitrogen. A deal for the nitrogen will get us over the line and place SSN in a strong cash flow position, for the next cycle, imo


"RBS, in a research paper published this week, says the ECB will expand its balance sheet from €2.2 trillion ($3.2 trillion) now to €4.5 trillion, and not the €3.1 trillion previously envisaged. This suggests a further €2.3 trillion of bond purchases, which is more than twice the amount so far mentioned by ECB officials."

RBS says the ECB will announce its expanded QE scheme at next Thursday's monetary policy meeting of the governing council in Frankfurt


Read more: http://www.smh.com.au/business/bigg...on-planned-20150114-12nuao.html#ixzz3Om9Wy7Na