Thanks Shady.
1. Based on resource size, market cap seems low. Resource upgrade by end of this month. Drilling result looks good.
2. Although ECE 11c to aquire 30% seems low, I see ECE onboard very positive. ECE has a good track record and it can provide funding for the project. This is the main reason I buy in TNG.
3. A capper around 9c. Like OVR last year around 9c, eventually OVR run to more than 30c in very short period.
4. Still in early stage, It's different from WPG. I only put 5% of my portfolio on TNG but 70% on WPG.
5. It may go up faster than WPG but higher risk.
i want a good reason, page-20
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Last
5.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $95.79M | |||
| Open | High | Low | Value | Volume |
| 5.4¢ | 5.5¢ | 5.3¢ | $32.39K | 600.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 4074755 | 5.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 645608 | 3 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| TVN (ASX) Chart |