TVN - TVN Corporation

[Ken]

hi,

i have come across TVN - its a $4 million company, that has recently seen some volume go through the share registry. looks a little interesting.

It is one of those retail companies, that is picking up tenemants to take on some exploration program.

not sure if its any good. bit of a punters club stock. its 1.1 cent at the moment, but wouldnt take much for it too move.

anyways just a speccy, dont know much about it, other than they are looking at mining... going forward..

 

[Beaver82]

Has been some real significant movement lately on the back of a couple announcements re Mongolian coal & drilling comencement. Could be another CEO jump in next couple weeks if drill results are positive.

 

[tech/a]

That was a nice suprise on a red day!
Turned my end game green!

http://www.stocknessmonster.com/

Now for some profit taking.

 

[mr. jeff]

That was a nice suprise on a red day!
Turned my end game green!

http://www.stocknessmonster.com/

Now for some profit taking.

I have added TVN for the tipping competition and I hold, this is why (and also why there are profits being taken I suppose)

"28 July 2011
• • •
Coal sequence thickens to 192 m, Nuurst Project, Central Mongolia
Continued significant coal sequence 192 m thick Multiple seams, including a single seam 115.5 m thick
Initial assays confirm high quality Mongolian thermal coal with a CV of 6635 kcal/kg (daf)
The Directors of TVN are pleased to announce the following additional information pertaining to the exploration and due diligence of its Nuurst Project in central Mongolia.
The second hole (NDH-02) was drilled to a final depth of 314m, still within coal measures, comprising a sequence of multiple coal seams 192 metres thick. Within this sequence there is a cumulative coal thickness of 148m, including a single coal seam thickness of 115.5 m. Based on bedding within the drill holes, the various seams appear to dip from 20 to 30 degrees and no true thickness has yet been determined."

Incredible intersection, would be one to watch for sure when compared with the finds of GUF, AKM etc.
Good luck

 

[tech/a]

sold at .083
will keep an eye on it.

 

[mr. jeff]

sold at .083
will keep an eye on it.

Tech/a can I ask what you entry conditions were and how you first identified this trade. It came to my attention through volume.
As a guess I would say in hindsight that 13th or 26th July were the days to enter. No big deal about the entry price, but the pieces in place.


[Can't see day dates on this chart I know, apologies]
Looks like the large repeated volume early July could have been a clue...Were you looking for a new high, sustained buying or a low volume day with little retreat...?

Will be interesting to see where this goes.

 

[tech/a]

POST # 18 HERE.

https://www.aussiestockforums.com/forums/showthread.php?t=23058&page=1

I do use volume but nothing like the mainstream.
You do have a handle on some of it.---Low Volume retreat
The best signal was 12/7 but I missed it.
Got the next one though!

 

[mr. jeff]

Apologies, missed that, on holiday.
Interesting.

Thanks.

 

[Dona Ferentes]

Tivan uncovers new copper zones at Turiscai ahead of assay results

Tivan Limited (ASX:TVN) has identified three new zones of outcropping copper mineralisation—Beremana, Haru River, and Matorec—at its Turiscai Project in Timor-Leste. The fieldwork is part of a broader Stage 1 exploration program focused on defining geochemical anomalies through rock, stream, and soil sampling.

Samples are being prepared for assay at ALS Laboratories in Brisbane, with results expected from September. Visual estimates show promising levels of malachite, chalcopyrite, and pyrite, although the company cautions that lab analyses are required for confirmation.

Tivan is also deepening its local footprint, with staffing and government collaboration to facilitate geological exports, and Chairman Grant Wilson is scheduled to speak at a major Timor-Leste business conference in August.

.
Highlights in the Quarter
 Sumitomo Corporation and Tivan executed binding agreements for an incorporated joint venture for the development, financing and operation of the Speewah Fluorite Project in Western Australia.
 Tivan signed a non-binding term sheet with an Australian family office investor to invest a minimum of $51.3 million in equity for the development of the Speewah Fluorite Project.
 A 35,000m drilling program commenced at the Speewah Fluorite Project in support of the Feasibility Study.
 Significant progress on planning was made for the revised access road for the Speewah Fluorite Project.
 Tivan raised $5 million through a share placement with the Australian family office investor.
 A second surface sampling program at the Sandover Fluorite Project returned assays grading up to 91.4% CaF2 from 88 rock chip samples collected.
 Tivan was awarded $150,000 in exploration grant funding for the Sandover Fluorite Project under Round 18 of the Northern Territory Government’s Geophysics and Drilling Collaborations program.
 Executive Chairman Grant Wilson agreed to extend his term by three years to 28 November 2028.
 A new Leadership Team was formed comprised of six senior managers to further Tivan’s operational capabilities and support the IJV with Sumitomo Corporation for the Speewah Fluorite Project.
 In Timor-Leste, Tivan appointed a Country Representative, two local geologists and established a satellite office in Dili, in support of an extensive program of fieldwork at the Turiscai Project that has commenced.
 Tivan completed full redemption of all of the convertible notes that had been issued.

Highlights after the End of the Quarter
 Tivan announced Japan Organization for Metals and Energy Security as a strategic equity partner in the Speewah Fluorite Project; Sumitomo Corporation executed binding agreements with JOGMEC under which JOGMEC will hold a 49% equity interest in special purpose subsidiary Japan Fluorite Corporation.
 Sumitomo Corporation and JOGMEC’s special purpose subsidiary JFC made an initial $5.3 million equity investment in the IJV for an initial 7.5% equity interest.
 Tivan and Sumitomo Corporation signed a Memorandum of Understanding for the Sandover Fluorite Project with the intent of negotiating commercial agreements for the collaborative development, financing, operation, marketing and distribution of product from the project.
 Outcropping copper mineralisation was identified at the Turiscai Project during the first week of fieldwork.