TVN 0.00% 4.6¢ tivan limited

hardman broker report, page-3

  1. 3,116 Posts.
    lightbulb Created with Sketch. 477


    Wow, was some reading:


    Page 26: Rule of Thumb Valuation:

    Project Resource RoT 10% Value Value per share
    estimate (280m shares)

    Manburrum 24.4Mt@ 2.23% $132m $0.47
    Zn + Pb

    Mount Peake 140Mt @ 0.3% $1,916m $6.84
    V2O5, 9% TiO2
    and 35% Fe


    **** Seems like Good value indeed, when does it start reflecting in the SP ?

    Ro T valuation is a good guide, even if they are wrong by 50%, would still be over $3.50 per share. DYOR



 
watchlist Created with Sketch. Add TVN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.