Leading German Government-owned KfW IPEX -Bank GmbH, a specialist financier in export and project financing with a dedicated track record in Export Credit Agency backed financing , visited TNG ’s offices in Perth for a detailed briefing on the project. TNG subsequently received an expression of interest to undertake financing of the project subject to further due diligence and an updated financial model.
Discussions with potential titanium off -take partners were significantly advanced during the Quarter, and the Company hopes to make an announcement ab out titanium production and off -take i n Q4 2017.
TNG Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held
