TNG 1.01% 9.8¢ tng limited

Lots to do, two months less to do it in..., page-14

  1. 1,186 Posts.
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    i dont think SMS or KfW or DKSH or Ti-Cons like to miss

    Agree Maxter - what we are looking at with SMS involvement is a turn-key package process solution which they can on-sell to other potential producers.

    A big part of that will be pointing at their involvement with TNG as the case study.

    Missed timelines, cost over-runs, unmet ramp rates/production targets will be in the spotlight.
    For them to put their name to the TNG project as prominently as they have, the way I read it, is things are well enough advanced that they have done this with confidence that they know this will be the benchmark project.
    That they will raise the finance, complete the engineering, place the orders, construct & commission the plant on time & on budget.

    Then they will build the second one....
 
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