Ann: Tivan and Sumitomo Corporation agree Strategic Alliance, page-17

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07/06/24

12:50

Post #: 74214580
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Originally posted by Hawk70: ↑

Glad to have bought back in on some concrete news. Not as much as before, but intend to accumulate more if the Sumitomo news turns into a solid JV.

The fluorite was always the way to go.

I hope the lead is next - I'm absolutely 100% against any Vanadium play - the tech is a bust unless it's a massive battery complex - UNLESS Sumitomo become a JV partner in Vanadium mining WITH a rock-solid binding offtake.

For me, that's the only way Vanadium will become financially viable.

Absolute kiss of Death for AVL here - Sumitomo was about the only credible JV partner going. And that's spoken as a top 75 ex-TMT holder.

With Queensland being heavily supported in the Vanadium space by the Govt, I genuinely felt there was only space for one more mine, and one more only.

If Sumitomo are in for Vanadium as well - that's Tivan.

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https://www.listcorp.com/asx/tvn/tivan-limited/news/tivan-to-commence-vanadium-testwork-program-with-sumitomo-2999701.html

TVN has been working with a division of Sumitomo re Vanadium to ensure the Speewah ore is per the specs that work for Sumitomo Electric. Watch this space.

As for today's announcement, this is a great catapult for our business. This deal was with the Sumitomo Group and not one of it's subsidiaries. Sumitomo and Japan want the F and the JV will happen!

TVN Price at posting: 6.2¢ Sentiment: Buy Disclosure: Held
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Ann: Tivan and Sumitomo Corporation agree Strategic Alliance, page-17

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