TVN 4.00% 4.8¢ tivan limited

Good quarter of work completed.4.5M spent on exploration and...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 142 Posts.
    lightbulb Created with Sketch. 139
    Good quarter of work completed.

    4.5M spent on exploration and evaluation. I would think the majority of this is FEED. The work SMS are doing is not cheap - lets remember we are paying them handsomely to complete the process at a very high standard. I hope the board this time is serious about this being the last raise before finance/FID.

    The owner operated mining scenario is interesting. Does this mean mining companies are quoting too high and it may be better for the company to hire subcontractors itself rather than a corporation?
 
watchlist Created with Sketch. Add TVN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.