Tivan Ltd V.TVN

Primary Symbol: TNGZF

Metals & Mining Industrial Metals & Minerals

Tivan Limited is a critical minerals company primarily focused on the development of vanadiferous titanomagnetite (VTM) projects in Australia. The Company's projects include Speewah, Mount Peake, Sandover, Kulgera and Moonlight. The Company owns two large vanadiferous titanomagnetite deposits, the Speewah Vanadium-Titanium-Iron Project located 110 kilometers (km) southwest of Kununurra in Western Australia, and the Mount Peake Vanadium-Titanium-Iron Project located 230 km north of Alice Springs in the Northern Territory, Australia. The Sandover Project covers an area of over 8,000 square kilometers (km2) and is considered prospective to host lithium-bearing pegmatites, and also sediment-hosted copper and iron oxide copper-gold deposits. The Kulgera Project cover an area of around 1,231 km2. The Moonlight Project has two exploration licenses. The Company's projects also include Cawse Extended and Kintore East. It has developed a mineral processing technology - TIVAN+.

OTCPK:TNGZF - Post by User

Tivan Ltd > Volatility

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Comment by prestedon May 02, 2016 12:21pm

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Post# 24832997

RE:RE:RE:RE:RE:Volatility

Good explanation thank you. I doubt they do much currency hedging, and if they had, the profits would have been lower because they would not be taking advantage of the huge drop in C$ that took place in the last few months. They are not unique to this problem, all Canadian cpmpanies whose earning are predominantly in the US are seeing fall back in SP as investors expect drop in profits to follow.
This all has to wash through. Because this is a Beta 2 company it is exagerrated. I am as irked as the next man with the recent drop but hay ho, it will come back. Keep the faith!

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