TSV 0.00% 0.8¢ transerv energy limited

So the company has outlaid $5mill for a minimum return of...

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  1. 917 Posts.
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    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)
 
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Currently unlisted public company.

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