Hmm. Not sure what this implies about the Board’s assessment of the viability of Mt Peake. Interesting that they’re pushing forward with Middle Arm, I would’ve thought that transport to there would be costly from Speewah.
I might be a cynic, but $20M seems an expensive price tag for this project! I’m not quite as thrilled as everyone else seems to be about this particular acquisition because of that. Yes it’s a huge deposit, but size after a certain point is a non-issue (e.g. Mt Peake already had a mine life of 37+ years). The grade is pretty poor. Will the better extraction characteristics be enough to justify the premium price tag?
Ann: TVN Tivan to Acquire Speewah V-Ti-Fe Project, page-10
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Last
6.0¢ |
Change
0.004(7.14%) |
Mkt cap ! $98.75M | |||
| Open | High | Low | Value | Volume |
| 6.0¢ | 6.6¢ | 5.9¢ | $495.5K | 8.083M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 3 | 65250 | 6.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 6.3¢ | 41659 | 3 |
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| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
6.1¢ |
Change
0.004 ( 8.93 %) |
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| Open | High | Low | Volume | ||
| 6.0¢ | 6.5¢ | 5.9¢ | 2557405 | ||
| Last updated 15.59pm 07/06/2024 ? | |||||
| TVN (ASX) Chart |