TSV 0.00% 0.8¢ transerv energy limited

gas flows recorded from lower zone at warro-4 , page-35

  1. 4,735 Posts.
    lightbulb Created with Sketch. 9
    After being in this stock for 5 years I think I am entitled to a less than optomistic view of TSV.
    Boys ,the SP has dropped 50% in the last month.
    OK punters panicked and dumped the stock 2 days ago,Hartleys and the boardroom interview have not convinced people that everything is ok,there is no rush to buy back in.
    I say again that the flow rate is terrible.
    .65mmcf/d and dropping.
    We are hoping to tie in Alcoa to along term deal to sell gas.
    EGO, who I see as competition are negotiating a deal with Alcoa for (I think) 10mmcf/d over many years, they are getting that flow from 1 well.
    I am not downramping this stock, I hold, but I just wish you guys would get yr heads out of the sand.
 
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