Taking a step back from this one for a moment and disregarding...

Taking a step back from this one for a moment and disregarding the fact that this deal seems a little dodgy due to the fact that it was done through old friends and directors that hold interests in both companies, we can see that:

1. Current production of 900boe/d = ~$2mill to TSV per year

2. If the production increases by years end as they have stated to 1500boe/d that equates to = ~$3.65mill to TSV per year

3. If production increases as stated to 5000boe/d by 2019 that would equate to = ~$10.95mill to TSV per year

All of these are based on the gross margin being $30/boe.

So if this investment goes to plan it should be well and truly in the green by the end of 2018.

Again this is all based on whether the promises made in this announcement are achievable.

DYOR