As usual Scoot a balanced and well researched perspective.
But as with the two major parties, what TNG needs is a true transparent, dignified leader before we can steady this listing tinnie. For mind Stu Crowe was the shot across the bow a couple years back, and since then nothing has improved. The latest shot for mind should have been slap bang into the wheel house. We can blame the NT government or CLC but I think deep down we all know as long term holders that poor attention to detail is a major failing this company is yet to improve on, from ASX statements to BRR's its embarrassing- and no doubt the true reason behind the seemingly endless flotilla of undeclared delays.
And as for the Vinsom deal, have they not learnt on what results on letting unknown agendas on to the top of the register? FFS we have only just managed to rid ourselves of the strangling influence of our Chinese "friends"
Then besides this new unknown, the board loan questions, refinery, site water and gas supply, BINDING offtakes and so many other questions still remain unanswered.
For now the only thing that will ascend the current SP is shorters and gamblers that is until a true, clear, zero BS market sensitive announcement is announced.
TNG Price at posting:
10.5¢ Sentiment: Hold Disclosure: Held