TSV 0.00% 0.8¢ transerv energy limited

I'm still waiting for clarification on the choke. If it has...

  1. 1,712 Posts.
    I'm still waiting for clarification on the choke. If it has pulled close to 1mmcfpd from a restricted choke then zone 6 alone could be running 1.6mmcfpd ish fully open. Now by admission in the email response posted earlier, the water was not an issue in this zone (GOD KNOWS WHY IT WAS MENTIONED THEN), the zone is performing incredibly well. Probably above a lot of peoples expectations.
    To be trading at 2.2c is embarrassing to all concerned. If Alcoa are forcing these half baked announcements, something seriously needs to be done about it. BUT WHAT?
    Now on the negatives. The cement squeeze was an option some 3 to 4 weeks ago. Why announce that it is still being considered? Why open up the lower zones that have already registered performance levels? Surly the squeeze should have been commenced by now if not nearly complete instead of still on the table?
    That said, the project all be it with a level of procrastination, hasn't really changed so why the sudden drop in SP?
 
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