Australia's largest stock trading and investment forum Australia's #1 stock forum

TVN

Click for more information

6.00%

4.7¢ tivan limited

Ann: Boardroom Radio Broadcast - Mr Paul Burton, page-47

First 47 Last

Share
Profile

Follow
ASX101

1,181 Posts.

259

17/09/19

09:26

Post #: 40446466
Share

Originally posted by Rhino1963: ↑

Wow, even PB is saying 2020 is the make or break year...

I think the key take out from this is the project was/is always ambitious.
There are no low risk paths to production e.g. DSO
Hence the revision(s) inevitably came as those willing to finance the project place their demands.

I for one am guilty of not understanding the complexities of the project which was clearly far too ambitious and large in the first place. Whilst the metals produced have established markets there has been resistance or simple failure of acceptance that the project will get off the ground. We must remember people are relatively simple and resist change such as proposed by TNG. IMO the trail blazing TNG are doing sounds romantic but most wont believe it until its proven. With this risk, and non belief, there is a cost in time and money.

IMO it is a big tick to have revised the project to a smaller (which is not really that small) meaningful project size. It certainly explains all the silence as TNG worked through the process to get to this revised project and announcement. Perhaps now TNG can finalise the other permitting aspects this year and next year test if the financiers are going to commit.

GLTAH

Expand

Any special deals for TNG ... ???

TNG Price at posting: 9.2¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

TAT

Tartana Minerals firms up producer status with recent 150tn shipment of copper sulphate to the NT

GMD

Genesis set for higher gold production in FY25 and earlier mill start

RDN

Raiden Resources jumps 11% as Andover South drilling to kick off with PoW on Minister's desk

ASX

ASX explains: How 'futures' are predicted

Is the ASX getting its groove back? Here's 5 IPOs in September to watch

First 47 Last

Add TVN (ASX) to my watchlist

(20min delay)
Last 4.7¢		Change -0.003(6.00%)		Mkt cap ! $81.19M

Open	High	Low	Value	Volume
5.0¢	5.1¢	4.7¢	$59.28K	1.223M

Buyers (Bids)

No.	Vol.	Price($)
1	30515	4.7¢

Sellers (Offers)

Price($)	Vol.	No.
4.8¢	326923	1

View Market Depth

No.	Vol.	Price($)
1	30515	0.047
7	999052	0.046
15	1129069	0.045
2	95608	0.043
1	100000	0.042

Price($)	Vol.	No.
0.048	326923	1
0.050	606399	2
0.051	87149	2
0.055	82510	1
0.057	25000	1

Last trade - 16.10pm 02/09/2024 (20 minute delay)

TVN (ASX) Chart