TVN 4.00% 4.8¢ tivan limited

Ann: Tivan Announces Exploration Target for Speewah Fluorite, page-4

  1. 4,519 Posts.
    lightbulb Created with Sketch. 3140
    Bit of dodgy cut & pasting here should read :
    0.34Mt to 1.01Mt @ current Fluorspar price of US$462 APAC

    US$157M (AUD $237M) to US$467M (
    AUD $705M)

    target valuation of high grade extension.

    IOW high grade of 1.94Mt + 0.34MT = 2.28Mt high grade (USD $1,053M / AUD $1,590M)

    to

    1.94Mt +1.01Mt = 2.95Mt high grade (USD 1,362M / AUD $2,056M)

    $1.59B AUD to $2.05B AUD of HIGH Grade ore only - NOT including the lower grade ore

 
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