TSV 0.00% 0.8¢ transerv energy limited

gas pipe line, page-28

  1. 8,606 Posts.
    A few of you guys seemed to be up on the timelines and fundamentals of this stock when i first started to read.
    Now i have gone further with my research, i can see that the real fundamental huirdle here is the date that the 60mill runs out that it being spent by Alcoa at Warro.
    After that date, TSV is bound to spend a lot more money which will need to be raised.

    So may i ask you longer term shareholders again if you have any estimates for the date that Alcoa exhaust their 60mill, which is the same date that TSV are inevitably going to need to raise capital.

    By then the share may well be 10 cents and it wont effect shareholder much by dilution. But this date must be ascertained by estimate at the very least if I am to feel in control of my investing.
    That way, date limits can be set on the investments entry and exit criteria as a conditional holding, which seems to be the safest here given the risk V return ratio.

    Any thoughts will be appreciated, i hope someone here knows the estimated.
    Cheers
    L
 
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Currently unlisted public company.

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