Hi Rudster,
Because we potentially have 2 separate (& very different) finance models going forward for Tivan & Peake, & we speculate that a 30% equity dilution at the shareholder level is progressed (really associated with the Peake funding model) then a possible scenario is as follows:
1. Board engages a new equity partner(s) (per the AGM takeaway)...Let's just say Sumitomo/SMS as the potential investor(s)
2. If this reflects a 250m share placement @ .15c then a A$75m cash injection would result.
3. So, dilution theoretically reduces share value down to 11.5c...would this happen? Depends on market view of what TNG is worth at the time & in the future?
4. So, assuming we need to raise A$207m for Peake we could project the following model:
$75m Equity dilution funding
$50m Catepillar equity injection
$50m Downer equity injection
$50m NAIF loan
-------
$225m (seems to look pretty good to fund Peake including contingency)
On these numbers, I wouldn't be too concerned if we are cashflow positive after 3 years!
Our real issue is getting production started.
Good luck.
Jvest
- Forums
- ASX - By Stock
- TVN
- AGM 28Nov - Feedback
AGM 28Nov - Feedback, page-15
-
- There are more pages in this discussion • 166 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
NEWS
Breakthrough programs slash healthcare events, driving a significant A$1.8M+ annual revenue boost
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review
Add TVN (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $81.11M |
Open | High | Low | Value | Volume |
4.6¢ | 4.6¢ | 4.5¢ | $49.49K | 1.077M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 1037242 | 4.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.8¢ | 60870 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 1026198 | 0.045 |
1 | 227295 | 0.044 |
1 | 13000 | 0.043 |
1 | 1000000 | 0.042 |
2 | 90000 | 0.041 |
Price($) | Vol. | No. |
---|---|---|
0.048 | 60870 | 2 |
0.049 | 100000 | 1 |
0.050 | 6357261 | 5 |
0.053 | 147612 | 1 |
0.055 | 300000 | 1 |
Last trade - 15.44pm 04/10/2024 (20 minute delay) ? |
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
TVN (ASX) Chart |