TSV 0.00% 0.8¢ transerv energy limited

The 3D might be in but at this early stage all they can usually...

  1. 5,439 Posts.
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    The 3D might be in but at this early stage all they can usually determine is whether the data is of high quality or not. It'll take a good 2-3 mths before it's processed unless they fast-track it. The size of the Warro structure is pretty well known already but there might be some early hints at areas with higher permeability than expected and size of closure might become expanded a bit. Really, if directors are too greedy they'll simply find shareholders desert the registry and they'll end up shooting themselves in the foot because their only possible exit strategies atm is via sale of shares on-mkt or some sort of trade sale. AWE might be a buyer at the right price but they're not stupid. The one thing that looks certain is that there won't be a cap raising for the forseeable future w approx $70m in the kitty. I'll be watching things closely and I guess you guys will also. As Dirty Harry might have said: 'Come on punks, make my hay!"
 
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