c4, you must be great fun at a christmas party. This is a small fish company and potentially a good size Murray cd (but not too bid...too fatty.) Mate read the report o 31/3.. "Transerv confirms that the fracture stimulation program has commenced on the gas bearing reservoir sands intersected by the Warro #3 well. This program will establish the flow rates from the potential 280m net gas pay zone identified by the Warro #3 well, through the creation of additional pathways for the gas to travel back to the well bore. The full fracture stimulation program will comprise 5 separate fracture jobs and is estimated to take 3 weeks to complete. The stimulation will be followed by extended flow testing to provide appropriate data for the analysis of the gas reservoir production characteristics.' .... So 3 weeks till flow testing. That is 21/4...till testing commences, that does not mean we will have a brilliant ann, they have to do the testing to establish if flows are comercial. I am not looking for an ann till 22/4 to say the fraccing has been completed and then ??time for interpolation of results. The SP imo will go nowhere until it is established that they have good flows and they can harvest those flows. Buy some GDNO..flog em when TSV fraccing has finished and top up cheers daz
TSV Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held
