The KfW finance mandate has now commenced. That will require SMS's FEED calculations to be available. Also prospective financiers will want to see the Titanium pigment off take firmed up. That will require Ti-Con's turn key plant proposal to be submitted. The titanium plant specs may well be the sticky point for filing the Draft EIS. The draft itself must be filed within a very short time for time lines to be kept. So there is a lot of high end news in the pipe line and likely to be flowing in the coming weeks.
I can sense a a Q1 and Q2 2014 repeat is upon us. That 50 cents/ might not be that far away.
TNG Price at posting:
10.5¢ Sentiment: Hold Disclosure: Held
