TNG 1.01% 9.8¢ tng limited

Can We Move On, page-127

  1. 1,186 Posts.
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    Current V price of US$29.10 lb = US$64K T

    https://www.vanadiumprice.com/

    The Vanadium price used of $16,500 is short by $47.5K per tonne

    At 17,560T per annum that is US$834,100,000, AUD$1,158,314,670 over & above the DFS

    http://clients2.weblink.com.au/news/pdf_1\01908838.pdf

    They should be building this plant already - FOMO is missing out on the high Vanadium spot price. 2 years at this bonus price & they'd pay off their capex loans & be able to start looking at the next plant.
    In fact 3 years & they'd be able to finance the next plant outright.

    Oh & Remember they would have $780M free cash flow based on the original DFS numbers.

    So why don't we have a newly commissioned broker report factoring this in.
    Are they not trying to publicize this?
    Last edited by Propunter2: 09/12/18
 
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