SSN samson oil & gas limited

sp post 1000 bopd, page-9

  1. 1,901 Posts.
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    Victor Rudenno was asked the q about break even at the shareholder meetings earlier in the year and he responded with 700BOPD but oil may have been higher then.

    We will have plenty of dollars going out the door though on development so breakeven doesn't mean that much but it will highlight the fact we are a producer as well as a penny dreadful explorer.

    As to what the sp will be at when he hit 1000BOPD I think it won't be what it should be until better sentiment returns which I think is on the way.

    But don't take my advice as I was once a gold bug but at least I got sick of banging my head against the wall and sold before the gold price and shares got trashed so didn't loose much.

    I think my problem is I have too much patience :)
 
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