short term trading week starting - 16th dec, page-50

  1. V8
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    entry for stt list - FA


    TSV - oil and gas explorer.

    MC 16 mil
    Cash 4mil

    Price mover, outstanding sales deal of canadian assets which would make there current cah position something in the order of $20 mil.

    Plenty of rumours flying around that the deal is to complete before year end and the trading of the stock is starting to reflect this.

    Also imminent ann regarding Alcoa's continued funding of the Warro projects drilling in the first half of 2014, two wells back to back is expected. Alcoa still have 50 mil to contribute to fulfill all of there commitments on this project.
 
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