You should be more cautious as it is not as simply as taking commodity selling cost from cost of production for each commodity and extrapolating. Cost of production has a very different definition to operating costs stated in the DFS of $167/t of ore mined (3Mt at phase 1 and 6Mt at phase 2).
Here is a summary page of my DFS model deconstructed using DFS figures (with some simplistic assumptions on depreciation). Net C/F after mining costs and depreciation at DFS commodity pricing is only $463m p.a. for phase 1. Very healthy.
In substituting your commodity pricing as at today, TNG is still cash flow positive but the issue arises with stage 1 CAPEX payback (during years 1-4) and financing stage 2 CAPEX (year 5) which I raised on here a number of months ago. It can't achieve those two capital requirements.
Net C/F is more like $120m (before any CAPEX financing repayment). No very healthy.
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