sp to soar past ceo, page-52

agree!

24/06/11 TVN sp up 70% - ann Acquisition of Thermal Coal Project

01/07/11 TVN sp up 12.5% - ann Drill Rig & Exploration Camp Mobilised: expects drilling to commence before the end of next week.

04/07/11 TVN sp up 66.67% - no ann until 17:08pm TH

18/07/11 TVN sp up 68.57% - ann 137m thick coal: from 82m;

20/07/11 sp up 26.79% - no ann

In a month TVN sp up from 1.9c to high 7.2c; rocket up 278.9%, why?

The interesting thing is the sp up will not stop here, but just start.
A similar company is AFR when it ann coal discovery in BOTSWANA:
22/09/10 AFR ann EXPLORATION TARGET: The drilling has intersected a coal seam which is generally between 6m and 25m thick (average 12m) within an area of approximately 80km2, an Exploration Target of between 1.0 billion tonnes and 1.5 billion tonnes of 4,000 kcal/kg to 5,000 kcal/kg raw coal
AFR sp rocket up from low 9c (15/09/10) to high 105c (21/02/11), up 1067% in a few months and MC reached $310million!!!

Fundamentally TVN looks better than AFR:
TVN - tenement area Single large licence (34.5 sq.km) vs AFR an area of approximately 80km2, smaller area with successful historical drilling, means more chance of successful drilling results, less chance of dry hole;
TVN potentially EXPLORATION TARGET will be 800MT ? 1.6 billion tones based on the 137m thick coal intercepted result, one of the thickest coal seams in the world; AFR Exploration Target of between 1.0 billion tonnes and 1.5 billion tonnes of 4,000 kcal/kg to 5,000 kcal/kg raw coal. TVN has thicker coal seam & higher coal quality exploration target - Calorific value range Qdaf 6200 to 6800 kcal/kg

Infrastructure Characteristics: current hot spot Mongolia coal - TVN is in an area with a number of operating coal mines & only 6 kms from existing rail infrastructure providing low cost transport access to the key markets of China, South Korea and Japan. AFR BOTSWANA;

Market capital: TVN current MC only ~ $40million vs AFR MC ~$200million

TVN has the potential to match AFR, implying an increase in its market cap of 2-6 times over the next few months. Current drilling activities & news flow will push TVN sp up further.

Short term sp target 10c to 15c, medium term sp target 30c;