Yep – the SP is laughable compared to its junior peers but give me 10 other junior’s to put my $ that I have in TNG (before they’ve taken off recently) and I’d still have 100% allocated to TNG. Most advance project on the planet.
Honestly – I’d rather see the share price go back to 6c rather than see the company submit an incomplete supplement which requires more studies at the back end by end of January just to appease the natives.
I’ve previously said that 10 years is the magic number. As a resource investor need to give himself 10 years to see cash flow. You get a boom industry like we saw with iron ore post GFC and lithium pre-COVID that get there in 2-4 years but many go bust at the other end. Saw it with iron and we’ve seen it with lithium.
TNG Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
