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 > Turn Around Story

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Post by tollmillingon Aug 29, 2016 8:09pm

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Post# 25189096

Turn Around Story

Quarter was good, not great, rome wasn't built in a day but GRC has clearly turned the corner and will begin marching higher.

FCF was 340,000, when you include the payments after quarter end that is an additional 248,000, finnally the company management expenses were 985,000 Higher than normal due to one time costs related to CEO departure, replacing him ect

FCF would've been 340,000 + 248,000+ 985,000 = 1573000

FCF=1.6c/share

P/FCF = 5

I like where this company is headed, hopefully the have a good CC, GLTA.

Regards,

Toll Milling

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