TVN 4.44% 4.7¢ tivan limited

Ann: Darwin TIVAN Processing Facility - EIS Supplement Update, page-223

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    Assuming this blows over and we eventually get there, thinking along the lines of my post above.
    If Tivan and the IP are sold for an amount that at least covers the capex costs of Mt Peake we'll end up with the same amount of shares on issue circa 1.25billion (plus anymore cap raises) and a mine with an annual income of at least half that, so 50-60c per share less the Tivan royalty
    Don't even know if this is feasible or if there'd be parties out there that would want to own just the one Tivan refinery, in the short term, that processes another companies products but worth thinking about!
 
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