TVN 3.85% 5.4¢ tivan limited

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  1. 7,318 Posts.
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    To me, the highlights of the announcement are:

    "High grade zinc zone (at sandy Creek) appears to be more extensive and complex than previously modelled"...I like those words "more extensive"!!

    "Based on their extensive experience of MVT-style deposits, CSA has confirmed that grade and geometry variability is not uncommon with this style of mineralisation, particularly within the high-grade zinc zones"

    Obviously a significant issue in getting lab assay results back, which is why we have not heard anything. Must be very frustrating for them.

    "The recent drilling results have not altered CSA's or TNG's view of the prospectivity and resource potential of the project or its emerging potential as a significant MVT District."

    Comes back to my thoughts when CBH bought 10m shares at 85c. They must also believe in the project.

    This will attract attention at some point, and given the tightness of the Register, we should have a nice run up when that happens, in my view.
 
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