say goodbye to 3's!!

A little bit of panic today with all the junior immature traders seeing the BOPD been less than the initial BOPD and selling. What us "holders" know, is that the final result STILL ISN'T IN! Not quite sure how blind you are if you didn't read the the part of the announcement where SSN stated that the "Oil cut is 40% of flow rate". Meaning there is STILL substantial frac fluid to recover! This cut is expected to increase to 70%. Thus, 70% more of todays flow rate = 1594 (expected) BOPD, which is substantially higher that the initially flow rate, which should see the SP move higher into the low 4c region AT THE LEAST!

Today little sell off created a great opportunity for lucky people to buy in and congrats to those who were lucky enough to do so!

We should see a follow up announcement tomorrow or thursday at latest with the final numbers and these should be good and really get the SP moving. (Not to mention the fact that SSNs value here in Oz needs to catch up to the value of SSN in the US).

So well done to those who held today and actually READ the announcement properly. It shall pay off in the coming days!

Cheers