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Ann: TNG to raise $15M by Institutional Placement & Rights Issue, page-161

  1. noodly
    6,068 Posts.
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    18/06/19
    09:59
    Post #: 39106642
    "Will there be a mega blow out with the FEED cost as another explorer realised not too long ago, resulting in the SP tanking?"

    Hi @Rumju.  I'm curious, and I'm sure others on here would be to, to know what the other explorers original capex expections were and what it finally blew out to after the FEED work.  With our capex already on the high side, as has been continually pointed out to us by some posters on here,  I'm wondering if the other explorer was originally too low in their capex expectations?
    Last edited by noodly: 18/06/19
    TNG Price at posting: 11.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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