TVN 2.13% 4.8¢ tivan limited

Ann: TVN Pre-Feasibility Study for Speewah Fluorite Project, page-51

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  1. 4,567 Posts.
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    An important thing to note here : we are at this point where the company was running on the smell of an oily rag which was handed to the management team on fire & look at where the company is with the release of this PFS today - $114M per annum & those are very CONSERVATIVE numbers based on the various data points the company has drawn on to arrive at their for their EBITDA basis.

    What could this team do with $20M free cash flow, $40M free cash flow or 2/3 of that $114M, $75M per year.

    At this point I'm tempted to go find quotes from famous business people who talk about making investments & the main thing they look for before spending a dime is the people in charge of the company. But I won't because I don't think anyone could argue that this turnaround is remarkable & it is precisely because of this factor.

    BTW I'm at page 82 of the full PFS & trying to pick out the key points. If I think they make sense to anyone apart from me, I'll post them but probably will be tomorrow to finish reading.
    Last edited by Propunter2: 30/07/24
 
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