ssn summary

Here's a quick summary from SSN's slideshow for those who've come in late.

On a 100% basis SSN's Goshen assets alone are worth US130 mil (or A$153 mil @ 85c forex) includes the 60% sell-off.

Refer daily charts by Prof Madmacs. This will explain the daily surge in volume, which is now self-explanatory, as we draw closer to the 26th of July.

Note SSN have applied for permits to 3 wells in Wyoming,
here's the Link. Shows they r serious.

Now why will anyone bother to pay US$76mil, one might ask.

B'coz of the successful results from the Niobrara at Jake-2 by EOG in Q4'09.