Tigers
Absolutely spot on - If I was a cynical person I would think they are deliberately try to undersell this company. They could have taken the opportunity to provide an indicative update on the project financial +/- 20% to reflect the changes over the last 12 months. the NPV is moving from $ 4.9B to $ X.x B and improvement of whatever percentage.
I am concerned also in the fact they keep claiming they have a BINDING offtake agreement for TIO2 but it is up to 60% and currently there is no commitment to a % that has been published. As I read it they could take any volume from 10 to 60 %
I am 100% with the Brown`s and hope one day to get a return on my investment. Such a wonderful project that could put NT and Australia on the map and all we are getting is dilution of our investment and a declining SP.
I would also ask what has happened to the MOU with BBI who would have been a much better strategic investment partner.
What did we get in the way of a commitment from VISCOM ? nothing
