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+.

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Tivan Ltd > Selling GRC

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Comment by Paperonwebon Aug 19, 2015 3:12pm

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Post# 24032787

RE:RE:RE:RE:RE:RE:Selling GRC

If 2 out of 25 investments (assuming all 25 investment are worth $1 M) are impaired the 25% royalty return will reduce to 17.5%. See as below.

25M @25% = 6.25M
2 Impairment means 2 M lost
Net royalty = 4.25M for 25M investment or 17.5% return

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