Hi all...
I attended this recently & as I already have TSV Shares was of course interested in
finding out more .....
So...besides the huge potential of this field & obvious asset of being located in prime
position to supply City of Perth plus in other directions too as only 30kms from the
Dampier - Bunbury + Parmelia pipelines etc, one fact I didn't recall (you probably all know
already but it doesn't hurt to be reminded...) is that all the big Offshore Companies
have to abide by the ruling in that they are NOT allowed to supply/sell anything to
the Domestic market as such so if TSV are successful in creating this link then it opens
up a huge market for these bigger companies to sell to & saves on transport costs too?
Anyway...of course this is why Alcoa are on board but their presence doesn't rule out a takeover
either by them or another eager large company who want to profit from extra asset of large
Residential markets too (they don't usually like to share either so often want full control..)
TSV Board stated they know they are being watched as these big Companies want this link...
I think we can never rule out a possible bidding war or an aggressive takeover if everything
stacks up....never know our luck but I believe the Share price is in no way reflecting the potential
of this gas field...good luck to all!
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