TVN 2.13% 4.8¢ tivan limited

Ann: TNG strengthens Mine Development Executive Team, page-73

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  1. 611 Posts.
    lightbulb Created with Sketch. 94
    What project?

    There is nothing to show for yet and he's getting paid $700k.

    TIVAN and all those agreements are worthless without Ti offtake and financing. That is why the share price is still where it is because the big shareholders know without those two, this mine won't get built.

    In our previous quarterly report, we have $4.7m in the bank. 15% of that goes to paying PB. This is excluding all the other employees, contractors and directors. If PB was truly doing this for shareholders, I doubt he would take out such a huge salary without anything to show for yet.
 
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