You may be right and I'll bet a lot of the selling over the last couple of months has been due to investors pricing in that outcome. If Rex stays, at least the warning is there so I'm sure the company will continue to progress the project and Rex or no Rex, SMS is on board and financing will likely happen next year regardless. Yes there may be short term pain but does anyone really think the project will not go ahead now with the current milestones if Rex stays?
TNG Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held