Those fearing the TiVaN will be outdone by a new technology, 4 of the 5 30+yr experienced metallurgists I've spoken to in the industry feel like it is the Broken Hill sulphide flotation equivalent in terms of metallurgical advance. That sulphide tech was founded in the early 1900s and the industry has not looked back. TiVaN is in the same boat for TiVa deposits.
The market might be disgruntled with TNG, but the value in the IP alone is worth $200-$300 million imo. The value in a reserve, DFS, met testing and contractor EPC engagement adds another $50m to the MC. Financing would boost the project value to $200m+.
This is a 35-40 cent pre production stock (60c with finance/approvals) priced at give-away prices.
It's a test for the patient, but priced at a 70%-80% discount to pre production value, and its a dead-set giveaway.
Yes, poor management will drag the chain, but the NT would be foolish to let a thousand-person party stand in the way of a title agreement. What the NT have done for fracking, they will do for mining. By 2025 mining in the NT will be the shale field of Texas when it comes to boosting the economy of the local people. Might not be balloons and ribbons for everyone, but serves the majority the world of good.
