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Ann: TNG Mount Peake Project - Capital Expenditure Update, page-147

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dbd25

6,756 Posts.

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21/10/22

13:38

Post #: 64321694
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Originally posted by Therookie88: ↑

yep! been saying this for years trying to be genuine and been ridiculed and shot down everytime like I had some agenda cause I hold a competitor. my agenda was to warn people because I didn't know about it and I felt angry and betrayed by it. i thought 800 mill was achievable but 1.4 billion no chance

I struggle to find any mention of it in any company press since the day it was slid into that study! like i said earlier at the very minimum include it as a sub note under the capex it doesn't have to be in bold in capitals. but to hide it all together unless you go back and read a study in detail is very misleading.

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If the revised/updated Capex here does turn out to be in the ballpark of A$1.4 billion, that really is a lot higher than other Vanadium developers. I was just writing about Capex earlier today on another thread (see post # 64310610). The starting capex for TMT is A$604m and for VR8 it is ~A$300m, both figures updated in the last couple of months.

All IMHO, DYOR

TNG Price at posting: 7.2¢ Sentiment: None Disclosure: Not Held
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