Alcoa has taken a punt on the Warro gas field as has Transerv and Latent.
Its a good move for Alcoa as someone put it earlier, no extreme reliance from the Northern WA majors over the next 10 years. Good move also for Transerv - 10% holding in this project enough reason for a purpose listed vehicle. This is a good speky - huge upside, new technology(albeit difficult), gas market is hot, energy industry will be a shining star and as from the amount of comments, plenty of punters having a go!
I reckon a few more weeks and we should have the true picture on this one.
TSV Price at posting:
2.2¢ Sentiment: Hold Disclosure: Held