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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 > Dividend statement needed
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Comment by WestCoast13on May 10, 2016 5:50pm
137 Views
Post# 24859636

RE:RE:RE:RE:RE:RE:RE:RE:Dividend statement needed

RE:RE:RE:RE:RE:RE:RE:RE:Dividend statement neededI agree with bbwibone here.  The dividend is in dangerous territory and in reality i'd rather see the dividend go away and support the balance sheet.  Not many penny stocks pay a dividend and theirs a reason for that.  I'm a dividend investor butcurrently the yield is just far too high.  The CEO is also leaving which adds to the questions about this company.  I think given the volatility and lumpy earnings we see from GRC i'd like to see the dividend go to a nice sustainable level or cut completely.  Focus on balance sheet, get the share price to a reasonable level where it will start trading more liquid.

Too many people invest in penny stock style investments and then flood the boards with hope and optimism.  I really want to see GRC succeed, but i'm willing to look at it realistically.

In the long run, a better positioned company is better for my investment than a risky monthly dividend.
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