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Agree the comparison to ATC is really relevant... financing is...

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nlred

14 Posts.

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21/11/18

18:34

Post #: 36592334
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Originally posted by Gus2012: ↑

Tend to agree that the biggest hurdle will be finance, saying this I tend to compare tng to atc, that although markedly different in a lot of ways, they both are working with SMS, both will partly be funded with German bank funding, , although the amounts these two companies require for there stage one developments are very different, with tngs roughly two and a half times as much as atc require, it a big ask, especially how the markets are, I also tend to agree that it will not be a fast process, I would be very happy if it only takes a year, once again referring back to ATC s funding process ( which still is not finalised I might add) please excuse me referring to atc several times but it’s still worth comparing the 2, anyway a very nice announcement nevertheless regards to all. Gus

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Agree the comparison to ATC is really relevant... financing is well progressed (pending final DD), mining activities commenced (think I saw a photo with shovels in hand) and no re rate... i’d expect TNG follows a similar path. +12 months IMO

TNG Price at posting: 10.0¢ Sentiment: Hold Disclosure: Held
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