I would like to sink more in at these prices, but I still get the feeling we are a good while off yet and this announcement sort of confirms that.
I would also like to know what sort of game plan the TNG suits have for raising the share price. It's my thinking that even a 100% binding off-take at top dollar for our titanium would not get us to our previous high of 29c.
You would think that by the time comes for a fully configured finance mix it would be too late to minimise dilution unless the equity can be sorted after debt and government loans?
I am 100% positive there is share price manipulation via the selling of small parcels of shares. While a big announcement may bring volume and knock that sort of thing out of play, in the mean time it's frustrating to watch $20 bring down the price a pip or two. Those with decent sized holdings will understand when your portfolio drops hundreds or thousands because of a random $7 trade.
GLTAH. I still believe it will go ahead, and for many including me should be life changing.
TNG Price at posting:
9.0¢ Sentiment: Buy Disclosure: Held
