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5.1¢ tivan limited

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Therookie88

2,684 Posts.

1839

29/08/23

07:30

Post #: 69601699
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Originally posted by abandon1: ↑

You value a company by its existing assets, to you Speewah is the only existing value we have and value it at 20 million... if I apply your valuation approach to Tesla for example, a Tesla share would be at 0.001 cents and start-up companies with a great idea, but without money and goods, they would all be worthless..., I think your approach is completely wrong, expectations are traded on disallowed, no goods.....

and of course there are no guarantees for the success, if there were, we would have a stock price of three $ today....

I totally agree with you on the point that Tivan is still overpriced if Speewah is years away from producing.... However, I am not assuming that in any way, that would presuppose that Grant's talks in Japan and the USA are unsuccessful.... and I think that's almost impossible,.....I believe in human power, and especially in Grant's abilities....

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you don't believe this is years away from production? it's written for you by the chair himself.

best case feasibility studies won't be done until 2025, then you have FEED study's, engineering and environmental permits and that's if it all goes smoothly which would be best case scenario.

TVN Price at posting: 6.3¢ Sentiment: None Disclosure: Not Held
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Last 5.1¢		Change 0.001(2.00%)		Mkt cap ! $83.71M

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