Ann: Warro Testing Continues, page-21

you are all jumping at shadows!!!!!
what sort of "sensitive details of imminent frac programs" do you think a director would have other than the company s going to frac?
i'm also sure that all directors and farm in partner, alcoa, would know what "flow rates may be required for commercial production". in fact, i would go further and say that everyone involved would know exactly what is required for commercial production!!!! what idiot would undergo such an operation without having an understanding of desired expectations????? it all depends on outcomes and that is not known until they drill, frac and monitor which is exactly what they are doing!!!!!! i have no doubt that all parties are aware of costings and capacity to undertake this operation and would have contingency plans in place for most outcomes. and they would be communicating regularly!!!!! alcoa has a commitment of $100M in this and they would not be going to sleep in the deal, they would be across everything, almost daily!!!!!! your comment on board level attention to detail and governance is laughable!!!!!

all our investments in the company are purely speculative and never forget that.

the joint venture is also of a speculative nature but based on geological [?] indications that will give a satisfactory outcome for the investment, all things going to plan!!!!!!!

there is also the possibility that the venture may not achieve the expected outcomes and we [tsv, alcoa and shareholders] will do our dough!!!!!!

in the meantime, we watch the regularly reported progress with interest!!