TVN 2.67% 7.3¢ tivan limited

Ann: Trading Halt, page-44

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    Going back to the 2014 Annual Report announced 17 October ;

    Page 6 under heading Landmark agreement with Hyundai Steel

    " The potential for Hyundai Steel to become a cornerstone investor in the Mount Peake Project post completion of the Feasibilty Study is now the focus of discussions for future binding agreements."

    Does this leave room for a CR at this stage of development involving Hyundai Steel? Possibly but Mt Peake has yet to be severed off and we are not post Feasability Study yet.

    $3.5 mill in the bank and development return of $1 mill plus due.

    SP has been artificially manipulated down pre announcement so someone with some clout and a share holding is aware and involved IMHO.

    All we can really say is friday is reveal. My money says small raising with SI, possible exsisting holder to ensure we get through the remaining beach heads without a stumble. Gotta be good and should see SP start to gain traction again.

    There is a log jam of announcements pending and I feel the co/ wants to press on with sureing up the other tennement resources befor the IPO without compromising progress on Mt Peake which must be good for all.

    Bring on friday.
 
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