SSN 0.00% 1.5¢ samson oil & gas limited

Ann: 2017 Annual Report, page-7

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  1. 756 Posts.
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    Still hold a very small parcel just for interest sake so haven't had time to read the Annual Report until now. What a fiasco! Just $600,000 in the bank after selling a major asset for $15 million, and repaying a debt of $11 million plus a major pullback in exploration. The directors increased their salaries from $592k to $620k and the executives had a great bonus with their salaries increasing from $1.126 million to $1.536 million - wow! Great rewards for sending what was once a very promising junior explorer to the brink of extinction.
 
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Currently unlisted public company.

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