TVN 0.00% 5.1¢ tivan limited

Ann: TNG Acquires Lithium Project, page-52

  1. 4,425 Posts.
    lightbulb Created with Sketch. 3106
    Missed the $39 per block per annum rent year 1/2 - adds an additional 2,622 * $39 = $102,258
    This doubles in year 3/4 to $78 per block.
    Year 5/6 to $158 per block
    Thereafter $222 per block.

    That's $102,258 to $204,516 to $414,276 thereafter $582,084 in rent

    Of course TNG will also need a good Geologist/exploration manager & team for many years to manage this amount of exploration expenditure. ID Targets/drilling/assay program for 8,151 km² would be fairly comprehensive I'd think.
    By my calcs (Landtracker) Mt Peake is 298 blocks & 425km² - noting that this includes the access road & bore field which are 136 blocks - not sure how this is factored into the rent/exploration equation.
    Summary figures : from 298 to 2,262 blocks, 425km² to 8,151km²
 
watchlist Created with Sketch. Add TVN (ASX) to my watchlist
(20min delay)
Last
5.1¢
Change
0.000(0.00%)
Mkt cap ! $88.10M
Open High Low Value Volume
5.4¢ 5.4¢ 5.0¢ $127.5K 2.473M

Buyers (Bids)

No. Vol. Price($)
1 7999 5.1¢
 

Sellers (Offers)

Price($) Vol. No.
5.4¢ 482679 1
View Market Depth
Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
TVN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.