This article Claims TSV stock could reached 18 cents if...

This article Claims TSV stock could reached 18 cents if successful!?

This is obviously a great predication for the holders ,Just wondering on what bases they have estimated the figures?

Any Idea?

"West Perth-based Transerv was one of the top oil and gas performers on the ASX in the 2014-15 financial year, increasing its market cap by 106% from $12- to $24 million, underpinned by a solid deal to supply aluminium manufacturer Alcoa with pipeline gas and a joint venture decision in late 2014 to extend drilling and seismic activities in the Warro Field."


http://www.epmag.com/transerv-energy-hits-gas-perth-basins-warro-field-819571#p=full

Cheers,