TVN 2.00% 4.9¢ tivan limited

sp to soar past ceo, page-40

  1. 3,694 Posts.
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    I have compared to CEO too. I understand both stocks have a very similar fully diluted number of shares on issue (CEO has way more options and they are in the money).

    The key differences for me in the short term are:

    CEO has completed it's initial drilling due diligence and is yet to indicate when further drilling will start, TVN is still drilling so more results are due.

    TVN has a target resource based on earlier exploration of the area, which will be likely be upgraded significantly.

    CEO will need to raise capital, TVN has just raised capital

    TVN hit a larger seam of coal than CEO

    CEO confirmed quality of coal, TVN has not confirmed yet

 
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