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0.00% 0.8¢ transerv energy limited

re: Ann: December Quarterly Activity and Cash... I decreased my...

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  1. invertedva
    8,707 Posts.
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    29/01/10
    08:55
    Post #: 6258929
    re: Ann: December Quarterly Activity and Cash... I decreased my weight in TSV several months ago by 40% to take up other opportunities. After that announcement, which outlines free carry position, contains an upbeat assessment of resolving water issues and shows low cash burn I am tempted to re-establish my full position. Like others, though, I would really like a fixed time line. Then again, if they had a fixed time line saying that drilling will begin in, say, June is would be more expensive (say 2 cents). Will be watching this one a little more closely in coming weeks to see any signs of life.
    TSV Price at posting: 1.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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