TVN 2.13% 4.8¢ tivan limited

Price Target of $4.63. That's 35 TIMES the current SP, page-13

  1. 567 Posts.
    lightbulb Created with Sketch. 14
    Nice discussion.

    I have begun to take no notice of these reports.

    Breakaway research - Aug 2015: $ 0.97 on finance being obtained.
    Hardman and Co - Dec 2015: $4.63 on finance being obtained and all permitting.
    VSA Capital - Jan 2016: $0.73 on securing finance

    My personal opinion and hopes have me thinking the following:

    binding off-takes, EIS, relevant government approvals- $0.10 - $0.30
    finance deal being done - $0.30-$1.50
    construction begins - $1.50-$2.00
    production begins - $2.00-$5.00

    These are rough as it all depends on market sentiment. IMO, by rights we should be above 20c but after the Chinese sell down and general negative sentiment of the resources sector we are floundering unfortunately.

    I am not planning to sell a share until 2018 at least.

    GLTAH
 
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