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TNG has an interesting projectthere but the Capex is not stated...

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    TNG has an interesting projectthere but the Capex is not stated as $90m. Try closer to $1 billion.

    They don't have funding for this amount which is why it's not valued at $500m+

    0.28% vanadium is also VERY questionable as to whether it is even economical.


    But yes SRN and it's $2.5m enterprise value at 1.4c shouldn't be compared to closely yet.

    The deposit is open in all directions so the JORC resource will be increased with further drilling.
    Last edited by Hokusai: 31/07/18
 
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