It's all well and good to make these calculation....but Warro will either be a goer or not. I try to keep things simple
Commerical = 100% return in the short term from 2.8c. After that with field upside we have blue sky.
Not commerical = We'll probably see 1c.
At the moment I'm 75% sure this will be commercial. Even if they have to plug and abandon W3 and drill W4 only to a depth of zone 5 and fracture zone 6, 7 and 8.
TSV Price at posting:
2.6¢ Sentiment: Buy Disclosure: Held
