Joelsmith2452.... last year TSV had a roadshow in Brisbane and at that roadshow they said that they made a HUGE mistake drilling Warro 4 (where they did). Now the whole economic viability of TSV hinges on Warro 4. We have all "done our dough" but how annoyed must Alcoa be. It has cost them $100m. TSV is going to go the same way as GGE and TMK. no trades no chat assets transferred to private companies. TSV will linger on for some time yet because there is still plenty of money to cover directors fees but as a gas producing company....they are dead. only thing left to do with this cash cow is milk the last drops of milk before being put in the long paddock. some time ago I invested in a company that had the worlds largest deposit of lithium I thought lithium...solar...batteries but the cost of extracting it made the deposit unviable. I have seen this scenario before....and still I fell for it.
TSV Price at posting:
1.4¢ Sentiment: Sell Disclosure: Not Held