TVN 13.2% 6.0¢ tivan limited

reply from ceo, page-20

  1. 7,067 Posts.
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    Nice post Zx65 and much apreciated by holders and non holders.
    In my opinion chris,s comments confirms many non holders opinion that the coal quality may not be economical in the long term.
    Saying that they will not conduct coal wash tests untill latter in the project sends warning signals to me and the way it looks at the moment this project may only be profitable at current coal prices.
    There sure is a lot of risk here going by his comments and how long holders will have to wait for further information but still worth a punt if the sp falls back below 3 cents imo.
 
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