TSV 0.00% 0.8¢ transerv energy limited

Hi Mitis and Arkie, yes I got out at about 3.2 and 3.3 back in...

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    Hi Mitis and Arkie, yes I got out at about 3.2 and 3.3 back in May. I felt that TSV management and in the field were performing poorly and making bad decisions that would keep the sp down for a long time. After a steep and rocky learning curve they now seem to be on the right track and given that they will be isolating the untested top two zones and maybe even the #6 zone, they should get the gasflows they initially planned on.That is 4 to 5 mmcfd. This time they should be able to plug off the zones below zone 6 and keep out the water.
    Sooooo, I couldnt resist it when the sp hit .023 .
    Most of the big selling has died away now and I expect a firming up as we get closer to Sept and some more field action. I think we should easily get up to 3.5 and depending on sustained testing results we could get the breakthrough we have all been hoping for to get us moving towards production and a sp up into the 5 to 10 cents range and eventually beyond.
    Occam
 
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