TVN 3.39% 5.7¢ tivan limited

Hurry up TNG, page-4

  1. 600 Posts.
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    Never a truer word has been spoken.
    I had a bit of a soul searching moment after TNG updated the market on EIS delay. I admit I was disappointed and felt a bit hostile towards management.
    I did a very (extremely macro) basic fundamental analysis
    Pro:
    *Dawn of the energy storage age where TNG are setting themselves to be well placed with Electrolyte solution
    *Vanadium prices strong
    *Titanium prices strong
    *Pig Iron - is pig iron
    *Lowest cost producer of above
    Con:
    *900 mil on unproven technology

    Whilst the financing is a big question mark, I believe the fundamentals will make it attractive for for investors, after all, we have some pretty good partners in our corner already.
    For me: Buy
 
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