TSV 0.00% 0.8¢ transerv energy limited

Ann: Transerv Funded to Progress Opportunities in 2017, page-37

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  1. 354 Posts.
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    Why would anything be brewing. Last holes drilled still had to much water to be viable and from what I'm reading they have already stated that 2017 will be R&D and do not expect any further drilling this year. The shares will just float around the 1c for the foreseeable future. Put your money elsewhere and come back and have a look early 2018, until then current shareholders should put this in the bottom drawer or move on.

    There might be several trillion cubic feet of gas down there, but its worth bugger all until it can flow.

    Good luck all.
 
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