TVN 0.00% 5.3¢ tivan limited

I'm waiting to buy back in tbh.I really do want clarity about...

  1. 734 Posts.
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    I'm waiting to buy back in tbh.

    I really do want clarity about the direction of the company in the next 12 months.

    What is the plan?

    The difficultly gaining finance is a factor too.

    Answer those to my satisfaction and I'll be buying back in.

    I'm not the only one, before anyone decides to have a go - the buy / sell numbers speak for themselves.

    https://hotcopper.com.au/data/attachments/6126/6126757-b3acda783d819ac6b9f0d5b7443a6d65.jpg

    Just outlining the plan for us potential buyers would see the SP well over 6c IMHO

    Oh, and ditch the Vanadium part. Absolute waste of time.

    Fluorite is the way to go.

    Easy to mine, easy to separate, easy to concentrate.

    Grants stated a Capex of sub $150,000,000

    I honestly don't understand the delay of turning a spec exploration outfit into a legitimate miner.

    Capex - $150,000,000

    Fluorite tonnage per year - 500,000 (JORC of 37,000,000 tonnes)

    Price per tonne - $500

    $250,000,000 income in Year One (not deducting costs)

    Probable Capex payback of 3 years max

    Those figures put Tivan in a place where a major rerate is inevitable.

    DYOR IMHO 2c etc etc
 
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