Here are a few thoughts for 2019 'perfect storm' of which TNG will play a part. I've just been given a few more days leave which I plan to work on fleshing out the below over Xmas....
Development of NT mining industry will play a big part - not sure it will matter which side of politics wins the Fed election, both have made indications that this will be something they'll support. TNG will be the start, but there are other companies which will benefit from this. From a State/Territory Goverment perspective, sounds like out of necessity they must encourage new industry.
TNG is working on lots of '1sts' not just getting a mine/refinery underway in the NT, but planning on proving out TIVAN on a resource with lower grades than the likes of BBI. I suspect a big part of this is if the financials are so compelling with the grades of TNG, then anyone else with a Titano-magnetite resource where any one of the 3 V-Ti-Fe is higher would have to look at whether this technology could benefit their bottom line. That includes companies like AVL, Atlantic/Windimurra, Bushveld. So I'm not worried these companies don't appear to be considering TIVAN now - if TNG raise the funds to build their mine/refinery, they all will.
Balla Balla is on the radar albeit with some level of angst around resource life. I suspect this could play a more important role in 2019. Not least of which has to do with the head honcho over there...
Private wealth will play a role - Atlantic, FMG, Roy Hill, BBI, Vimson all with majority or extremely large stakes owned by individuals who have higher levels of autonomy than publicly owned companies.
The TNG team. Paul & the new recruits. Well qualified individuals. There is something to this & I expect to see the building of this team continue in this light. I've worked on a lot of projects over the years & have to say the potential this one has to radically re-shape what the Australian resource industry looks like is second to none with their proposed multi-stream, value added outputs.
These things are happening....
Rapid development of Indian Steel industry.
Belt & Road initiative.
$4 Trillion Chinese Stimulus
Rapid transition to renewables supported by storage.
There is a lot of reading to do, lots of thinking to do, lots of rabbits to follow down whatever burrows they lead & as is always the case lots of lines of reasoning to discount.
Keep an eye out in a few weeks as I'm always happy to share whatever conclusions my D&D arrives at. I'll be angling it to see if I can get it up on a blog like Seeking Alpha, as this is, at least when you scratch the surface, an extraordinary story in the making.
All the best for a happy & safe Christmas & look forward to an exceptional New Year in 2019 for TNG.
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