With all due respect, for someone invested in a junior exploration/producer you are being too conservative. Samson is not Santos or Woodside Petroleum.
How do all other shale producers operate and grow in the USA? The Synergy resources, Triangle Petroleum, Kodiaks, etc. They all had to start somewhere. Look where they are now.
A lot of these companies are priced and receive finance based on a combination of cash flow and potential.