Ann: Transerv Acquiring Producing Assets in Canada, page-13

So the company has outlaid $5mill for a minimum return of $2mill/yr and an upside potential return of ~$11m/yr.

That gives a ROI of 40%/yr at worst and potential of 239%/yr at best.

Remember that PLX is already producing at 900boe/d which will yield 40% ROI. This is guaranteed revenue as opposed to speculative buys in the Perth Basin. The $5mill input by TSV will only increase this output value and go towards decreasing the operating costs and thus increasing profitability.

YES these revenues will probably go a long way to paying the inflated salaries of the board, but at least it is revenue incoming.

In my view it is a smart decision for the ongoing health of the company. Investing in something that will garner returns from the outset and then investing elsewhere for the big discovery paydays (Xanadu)