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Ann: 2021 AGM Chairman Address & MD Presentation, page-71

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mrplough

2,422 Posts.

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07/12/21

11:22

Post #: 58124486
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Originally posted by nlred: ↑

A key thing I took away was the expected reduction in Capex. The relatively high capex, for an unproven (at commercial scale) technology has always appeared somewhat of a barrier to investors believing the hype. PB was asked specifically what this was expected to be, something along the lines of ‘tens of millions, or hundreds of millions?’ was the question - and he alluded to ‘significant’ more than tens of millions.

I agree with the comment above, the talk and tone around finance was positive.

The revised capex could be the first real catalyst for SP appreciation, expected March/April.

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Correct.

Look elsewhere for near term gains. This is at least 2 years away from even starting. Anyone who says otherwise is delusional.

TNG Price at posting: 7.0¢ Sentiment: Sell Disclosure: Not Held
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