Gday all new TNG holders, as a long term holder of tng I am just providing a brief consensus on what I believe the upcoming events of tng to be. I have held tng for 9 years now bought and sold along the way initially losing a fair bit of money but slowly and surely recouping the funds, over the last 4-5 years TNG has narrowed its focus on the Mt Peake project signing mous with poscoe, woojin, Hyundai steel, gunvor, global pacific partners and an unnamed Germany VRB manufacturer which all whom have held the stock long enough have a fair theory of whom it may be.
But back to what I believe to be upcoming potential announcements, if you go back and read through the MOU signed with Hyundai steel in 2014 you will notice that they're are also representatives from woojin hence my thoughts that the next announcement will be in relation to potential project finance and off take agreements and other mutually benefits arrangements with Hyundai, also because they are located in South Korea in close proximity too woojin. So I am of the belief why would woofing have signed for LOM off take without confidence in the project coming to fruition.
This is all speculation and IMO
secondly I believe they will be possibly off to POSCO to discuss and potentially finalise around ends for the engineering and construction of the mount Peake project and also to help secure further finance for the project.
Third I think will be one of the biggest hopefully and that is the visit to SMS siemag who recently oversaw the tivan process development at csiro headquarters, for the potential delivery and finance of the Tivan refinery which is essential in TNG's success, they are the experts in the construction of processing plants and metallurgy as you can see by researching there website. I think this is the potential boom announcement.
And while they are over in that way they will probably visit the unnamed VRB .... To potentially sell of the remaining 40 percent of high grade vanadium they will have.
This is all in my opinion and have dwelved hours of research and linking all the possibilities but hopefully can provide an insight for all the newbies here.
Attached is links to the announcements
http://www.readcorporate.com.au/files/May 2014/TNG_230514.pdf
http://clients2.weblink.com.au/news/pdf_2\01533274.pdf
http://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvTUYC5w67pnSIp5lJ2/k=
http://www.readcorporate.com.au/files/August 2014/TNG_260814(1).pdf
http://www.readcorporate.com.au/files/June 2014/TNG_230614.pdf
One would think with this many MOUS something's gotta give.
This is all IMO and DYOR
GLTA
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