TNG 1.01% 9.8¢ tng limited

TNG’s vanadium project gets a lifeline from German bank, page-2

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    Vandium Pentoxide - US$26/lb
    Ferro-Vanadium US$106.50/kg
    https://www.vanadiumprice.com/

    Pig-Iron (June) US$385-410 Tonne
    https://do not advertise external s...-get-higher-prices-on-material-shortages.html

    Titanium Dioxide (August) US$2600-US$3000
    https://www.indmin.com/Article/3826556/TiO2-prices-hold-steady-market-reaches-equilibrium.html

    TNG LOM estimates (17 years) (http://www.tngltd.com.au/projects/mount_peake_fe_v_ti/overview.phtml)
    • Total production - 3.5Mt titanium pigment, 243,000t V2O5, and 10.6Mt Fe2O3
    TiO2
    3.5Mt x US$2600 = US$9.1B  AUD$13.8B

    V2O5 x 243,000 Tonnes.
    V2O5 is worth US$26.70 lb, US$58.86/kg, AUD$81,500/Tonne
    OR
    $US14,302,980,000 / AUD$19,804,500,000

    Fe-V - https://hotcopper.com.au/threads/can-we-move-on.4563100/page-185?post_id=36849101#.XBLMA2gvOUk
    At a current value of US$109.50/kg
    USD$26,608,500,000
    AUD$36,811,529,000

    Pig Iron
    10.6Mt x US$385 = US$4,081,000,000 AUD$5,648,900,000

    Totals
    AUD $13,800,000,000
    AUD $19,804,500,000
    AUD $5,648,900,000
    AUD $39,253,400,000

    If it is Ferro-Vanadium add another AUD $17,766,529,000

    Averaged per year over the 17 year life of Mine
    $2,309,023,529 - Add another billion per annum if all their V2O5 is Ferro-Vanadium production

    Maybe it's worth working out much it will cost in Opex over this time.

    This company is sub-$100M in MC
 
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