SSN 0.00% 1.5¢ samson oil & gas limited

ssn vs sea, page-9

  1. 2,621 Posts.
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    I sold out my sea holding at 50c (only held for a short while, bought in at 33.5c), but from the time I held I was extremely impressed with the communication.

    The company (SEA) really put forward their intentions by saying "We currently are flowing 650ish BOEPD and are fully expecting to fulfill the target of 900 BOEPD by December 2012."

    It was there in black and white for investors of all knowledge levels to interpret. I find SSN could benefit from pursuing a similar course of action in regards to their updates, by clearly spelling out how many BOEPD they produce currently and how many BOEPD they expect by the next Quarterly.
 
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