TNG 1.01% 9.8¢ tng limited

TNG secures mineral leases for Mount Peake, opens door to pursue financing, page-15

  1. 1,023 Posts.
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    You may not know the exact terms, but you will see the financial impact when the FID is released. Jobs is one thing, but royalties is another thing altogether, I just hope the BOD didn't agree to handing over a % of the profits that would seriously impact on profitability figures in the long run. Given the Vimson placement I hope the BOD didn't flake in the negotiations with the TO's to get things across the line and save their rear ends.
 
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Currently unlisted public company.

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