Ann: Quarterly Activities and Cashflow Report, page-25

First 25 Last

Share
Profile

Follow
noodly

1,922 Posts.

90

01/02/19

08:13

Post #: 37293021
Share

Originally posted by maxter ↑

Im not nitpicking here but im a little confused. Attached exerpts from 2017 updated DFS which promoted the significant refinements and optimisation of all processes for costing. It also built in 5% for contingencies and a little more for EPC management totalling $AUS 105 mill, so 13% of stage 1 CAPEX.

Then in February 2018, 3 months on, we are advised that a whole refinement component of the TIVAN titanium pigment process can be eliminated enabling feedstock to go straight to the pigment plant at significantly reduced costs.

Under the finance mandate now kicked in KfW are lead adisors to organise $AUS850 mill ($US 600 mill
) debt finance package which subject to some refinments is aproximates the updated DFS costings.

Lets throw in a figure of $AUS 50 mill from NAIF as its reasonable that there will be a contribution from that quarter so say 6% seperately on the table.

Why are TNG already talking to potential equity partners when the debt funding mandate should cover Stage 1 CAPEX??

Again apologies for the fact i cannot place attachments with any acuracy under new format..

Expand

Hi Maxter. I think what they're saying in both announcements but in different ways (possibly they were penned by different people?) is the optimisations they have done to the Titanium Dioxide process means the Ti doesn't require any further processing/refinement before going to the pigment plant.

TNG Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

PYC

Scientific conference spotlights PYC's work on blindness disease treatment

LPE

Sales growth pushes Lovisa's fortunes (and shares) upwards

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

HotCopper Highlights: Your most watched stocks for Week 47, 2024

DUI

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

SIG

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

There are more pages in this discussion • 8 more messages in this thread...

First 25 Last

Add TNG (ASX) to my watchlist

Ann: Quarterly Activities and Cashflow Report, page-25

Top Stories

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Scientific conference spotlights PYC's work on blindness disease treatment

Sales growth pushes Lovisa's fortunes (and shares) upwards

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

HotCopper Highlights: Your most watched stocks for Week 47, 2024

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse