TVN 0.00% 5.3¢ tivan limited

i want a good reason, page-20

  1. 3,673 Posts.
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    Thanks Shady.
    1. Based on resource size, market cap seems low. Resource upgrade by end of this month. Drilling result looks good.
    2. Although ECE 11c to aquire 30% seems low, I see ECE onboard very positive. ECE has a good track record and it can provide funding for the project. This is the main reason I buy in TNG.
    3. A capper around 9c. Like OVR last year around 9c, eventually OVR run to more than 30c in very short period.
    4. Still in early stage, It's different from WPG. I only put 5% of my portfolio on TNG but 70% on WPG.
    5. It may go up faster than WPG but higher risk.
 
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