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1.01% 9.8¢ tng limited

KfW/ECA as expected and now explains Gresham falling by the...

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  1. Ajinomoto
    2,177 Posts.
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    13/12/18
    09:52
    Post #: 36842979
    KfW/ECA as expected and now explains Gresham falling by the wayside and SMS going all in with FEED/EPCM for both mine site and refinery. Sure CAPEX will increase but I'm a lot more comfortable with this simplified development process. Less players involved and hopefully less smoke and mirrors too.


    Now we've got 6-12 months to get the SP up to a reasonable level before the equity component is raised. Hopefully 65:35 debt to equity

    Last edited by Ajinomoto: 13/12/18
    TNG Price at posting: 9.4¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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