TVN 2.61% 5.9¢ tivan limited

TNG appoints German giant for vanadium study, page-15

  1. 5,803 Posts.
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    I know financiers won't be swayed by hype but when we read tgat the Chinese spot price jumped from $20 to $30 last week and the see the size of VRF storage under construction in that attached article it is not hard to see a reliable projection of sustained high v prices medium term (minimum) as previously said sufficient to applybto stage 1 debt funding and give financier comfort. Maybe TNGs extended timelines will have a benefit in altering the debt/equity ratio of any finance package. If that happened I'd almost forgive the BOD for their last placement. Hmmmm NO. They gave away 10% of TNG for a 20% discount. Why would you do that in a hot market were a re rate is inevitable unless they add value.  Should of taken a premium of 20%. 


    https://www.energy-storage.news/news/chinas-biggest-flow-battery-project-so-far-is-underway-with-hundreds-more-m

 
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