TVN 1.79% 5.5¢ tivan limited

New Iron-Aluminium alloy - Pose a threat to Vanadium re-enforced steal?, page-9

  1. 3,276 Posts.
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    Interesting article. Nickle looks to be the 5th element and POSCO are involved with a trial on an industrial scale later this year.
    Why would POSCO fund 60% of the Tivan Plant when they can come up with a stronger cheaper method to strengthen their steel at 1/10th the cost?

    PB keeps delaying with promises to come. Rinse and wash
    Some on here are saying he's done a great job in getting TNG to where it is. I ask what else is he suppose with his time other than sell a company, attract clients, connect the dots and at the end of ?? have in place a binding agreement to which we dont have!
    How can anyone say he's done a great job. Talk is cheap.

    PBs on over $7,000 per week (correct me if I'm wrong) plus bonuses. Over the years we would have made him a millionaire.
    So as for us long term share holders with a MC of 62mil & a sp of 10c our cut looks pretty poor.
    Binding agreements are needed PB.
    And if POSCO moves on where will TNG be without finance?
 
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