SSN 0.00% 1.5¢ samson oil & gas limited

ssn enercom presentation, page-65

  1. 8,720 Posts.
    lightbulb Created with Sketch. 81
    And by the way, why an aggressive growth strategy now, apart from having proven the FP resource? If the company is a T/O target, it'll be because the resources are proven but still largely undeveloped, and if te company also has plenty of cahs in the bank, then its pretty attractive. The more the company develops the resource and gets production going, and spends the money doing so, the higher the SP will be inflated by the market's earnings growth expectations, making the company more expensive to buy as a T/O target, and therefore less attractive to a big fish. This is the best chance we have that the company will get through this phase without getting swallowed up too early - dont know about anyone else, but I want to see $1 shares here, I've not been waiting 2 years just for 30c.

    Cheers, Sharks.
 
watchlist Created with Sketch. Add SSN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.