Ann: TNG to Consider Dual Listing on London Stock Exchange, page-78

Thanks for posting @outworld1 

That presentation should help ease the restless natives.

So what numbers are we looking at?

Probably the London exchange will be pivotal in obtaining the equity part of financing.

PB has always said a 30 / 70 equity / debt split.

US$600m debt implies around US$850m total.

US$250m = AUS$350m .

At a current SP of around 9c, that means close to 4bn shares being added to the register?

Close to 1bn shares on the register now.

If the MC can get close to the NPV like PLS achieved, that means the diluted 50 bagger turns into a 10 bagger all going well, and not factoring in the increased NPV (higher product prices and profitability), nor any TiVAN licensing fees and royalties.

I’ll take that.