guage interest in tng, page-16

Hiya

a holder and accumulator over the last 12 months (i'm already on your list)

now....TNG not mentioned below...source of data in public domain so i hope/trust there is no issue in me representing this information again in this forum

Australian peer comparison -

Company Market Capitalisation Zn (000’t) MC$/lb Zn
Zinifex $ 7,571,470,466 14,742 $0.232
Kagara $ 1,341,177,423 740 $0.820
Perilya $ 705,877,044 2,200 $0.145
Terramin* $ 800,730,000 2,040 $0.178
CBH Resources $ 347,475,000 3,040 $0.052
Prairie Downs $ 67,487,429 265 $0.115
Ironbark** $ 183,600,000 3178 $0.026


• Apex Silver (The worlds most recent large zinc mine to be commissioned-35% Sumitomo)
– San Cristobal Mine, ~15Mtpa (Reserves 251Mt @ 1.5% Zn, 0.5% Pb, 55 g/t Ag)
(Oxide reserves show 0% Zn, 50% Pb and 60% Ag recovery – Sulphide reserves show 93% Zn, 86% Pb, 78%
Ag recovery)


Large scale peer mines?
Ironbark resource base 72.5Mt @ 4.2% Zn, 0.5% Pb (3% Zn cutoff)

• Vedanta -Hindustan Zinc
– Zawar Mine, 1.2Mtpa @ 4.3% Zn, 1.9% Pb (underground)
• Inmet Mining Corporation
– Pyhasalmi Mine, 1.4Mtpa @ 2.5% Zn, 1.2% Cu (underground)
• Chelyabinsk (Largest zinc producer in Russia)
– Akzhal Mine, 1Mtpa @ 2.7% Zn, 0.5% Pb
• CBH
– Panorama Project, Planned 1.5Mtpa (Reserves 10Mt @ 3.7% Zn, 1.5% Cu, 17 g/t Ag)
• Hudbay Minerals Inc (3rd largest Canadian zinc producer)
– 777 Mine, 1.4Mtpa (Reserves 4.5% Zn, 2.5% Cu, 18.1 g/t, 2.1 g/t Au)
– Trout Lake, 0.84Mtpa (Reserves 4.5% Zn, 2.5% Cu, 18.5 g/t Ag, 1.8 g/t Au)

I'd be interested in others perspective on where TNG fits in this picture . cheers