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 > is the divi safe?

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Comment by WestCoast13on Mar 07, 2016 9:26am

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RE:RE:is the divi safe?

I agree with you that the allowance for doubtful recievables is certainly concerning. However I do think the dividend is safe on this as it looks like management is desperately trying to prove themselves. Remeber this is a fairly new venture for them, and management is locked up until 2017-2018. They are a small shop eager to show that they can make it in this field. I think the last thing management wants to do is cut the dividend, which would lead to a massive confidence blow to the stock.

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