To Jonty and others
AVA and HDG,
Absolutely no comparison to TVN whatsoever, Aviva's had principally gold exploration history with coal ancillary to that it's SP reflects that. With a future mining hub in Kenya forecast they are cashed up and on the move pricipally with gold. Nairobi has great infrastructure in place for shipping orders and the government seems to be keen in Kenya (Gold and Coal).
HDG - Hodges resources has many gold and uranium prospects that have been played also particularly in Sweden.
TVN certainly has had exploration experience with a SP high of $11.90 in 2000 and SP low of .003 in 2009 not sure if they did a 5-1 in June/July or what the massive drop was about. However since then they have moved back to .058 a 19 or 1,900% increase from it's lows.
They are now moving forward at a great rate of knotts.
Management are in the right area regardless of arguements over coal quality. It's China they need to serve and China can use our quality of coal. Yes the tonnage $ rate may be less but under the current infrastructure labour and shipping are majorly less with ample stock and large volume that works just fine for me. Coal from Australia regardless of quality has to be mined, cargoed to port, shipped overseas, cargoed/shipped from port to storage and often retransported to it's destination.
What's more viable better quality from OZ......to be used for a similar purpose by a country that doesn't care diddly squat about carbon.....just cheap, easy energy
OR EASY ACCESS, great infrastructure logistically and from a location close to home.
Guess what from China's viewpoint TVN will come up trumps in Mongolia over OZ and Botswana every time.
With major shipping to China's pricipal demand areas and Botswana that still can be effected by nationalisation and BEE requirements often with major shipping holdups (review export shipping areas like Richards Bay)TVN and Mongolia would be their choice every time.
From being down to .003 not even half a cent management have pulled this company from the doldrums back to a very forward moving well tenament located company with prospecting going like poetry in motion takeover offers or JV's may well be on the cards in the future.
For those knocking a 700% increase that's just not the case from the company's viewpoint. Putting it in perspective they are just professionally clawing back previous SP losses.
I reckon the SP should comfortably settle promptly back to around 8.0 cents where it should've been without the bot forged pump and dumps we've seen recently.
TVN are doing great IMHO DYOR
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To Jonty and othersAVA and HDG,Absolutely no comparison to TVN...
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