TNG 1.01% 9.8¢ tng limited

Hope your right Pro.Negotiations do take time.Taken from the...

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    Hope your right Pro.

    Negotiations do take time.

    Taken from the Vimson announcement:

    The strategic investment comes as TNG continues to move towards development of its flagship 100%-ownedMount Peake Vanadium-Titanium-Iron Project in the Northern Territory. and represents a significant vote of confidence both in the project and the Company’s financing and development strategy. After showing extensive interest in TNG, the Vimson Group proposed a strategic investment into the company in line with their own strategic growth and diversification objectives. In addition to the investment, TNG has agreed to enter into discussions with the Vimson Group for potential offtake of 100% of its high purity iron ore products that it plans to produce using its TIVAN Process at Mount Peake.
 
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Currently unlisted public company.

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