the niobara acreage is not proven, page-9

Hi Sammy,

We dont know yet do we, as you mention Terry isnt sure yet, so how can we say any different.

I would wait for 2 more 1/4's if your in doubt, and this mornings announcement is a pretty good start for anyone looking to invest in SSN.

We have a well spudding in both July and August and then 2 wells in Sept, Oct and Nov so plenty of action happening in the next 2 1/4's..

You could wait until November but the price may be higher, its risk vs reward on the ASX, the less the risk the less the reward of course, which reflects in the share price.

I see SSN as a very worthwile part of the portfolio, mainly for announcements like we got this morning, and also for the person that sent todays ann. You cant buy decent management.

Regards,

TCG