TVN 4.08% 4.7¢ tivan limited

Ann: Tivan engages Lycopodium for Speewah Fluorite Project, page-14

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    Propunter, just a quick thank you for your very informative posts. Always on point, relevant and interesting.

    Good future for TVN, I think, but patience required. In the medium term, the difficult bit will be finance to keep the lights on for a few years (until there is some revenue from Flourine) without too much dilution. Hopefully the SP can lift a bit before the next raise but chicken and egg stuff. Probably investors will want to see a good PFS for Flourine with decent revenue and a fundable capital cost before the share price will lift.

    Share Price is also understandably being held back by the near certainly of a series of capital raises over the next few years. And too early in the project to sign up a cornerstone partner.

    Onwards.
 
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