TVN 2.67% 7.3¢ tivan limited

Yep - a lot of people of the cliff edge at the moment which is...

  1. 394 Posts.
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    Yep - a lot of people of the cliff edge at the moment which is understandable.

    The long suppressed share price makes this a very psychological hold/buy/sell decision at the moment.

    Hard to see the wood for the trees but I agree - on information (crumbs) available and tactical moves by the board, my bet is we are being de-risked for someone to come in at take this out of our hands.

    I moved myself away from this ever getting to production in the last 12 months and I'm the most bullish I've been of the board delivering. The optimized feasibility now feels real and achievable whilst a turnkey solution/product guarantee from SMS is the key near term catalyst. The refinery EIS is just a process and I don't think people should be worried that it's ridiculously late......a tactical choice by TNG in my view.

    The paper and ribbon has been bought - just packaging it all up at the moment with a bow to go on top.
    Last edited by Digity1: 21/10/19
 
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