TVN 2.08% 4.7¢ tivan limited

Already booked a big loss as I had to sell due to unforseen...

  1. 4,556 Posts.
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    Already booked a big loss as I had to sell due to unforseen circumstances back in 2017.
    Sitting on a paper loss of about the same now.
    I've sat it out for 3-4 years waiting for this to get off/out of the ground - discounting BMN & LGO when I invested. It's never been closer to the end game & all the right noises are being made. Sumitomo are extremely successful as they are long term, strategic planners. The WA company purchase combined with the TNG MOU will eventually be seen as foresight a long time ago.

    Even though I've literally lost a lot of money & am staring at a paper loss were I to sell now, I'd have not have had it any other way. The learning curve has been steep actually seeing what it takes for an explorer to get from one stage to another, extremely painful, frustrating, upsetting at times, but well worth it. I literally think differently now.

    They say never fall in love with a stock, yet in the case of TNG the potential upside is extraordinary. The potential dividend return alone is multiples of their current share price. 

    Hopefully it will only be a short time before we all know if patience in this case will have been worth it.
     
 
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