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Tng vs atc, page-4

  1. 21 Posts.
    lightbulb Created with Sketch. 45
    ATC is 70mil Market Cap with NPV of 505million pre production partial finance arrangements - market cap represents 1/7th NPV

    TMG is 120mil market cap with, lets say, 4bil market cap. market cap is only 1/33rd of the NPV

    Much more gain to be had in TNG, although we have to bear the risks associated with finance.

    really a question of whats your appetite.
 
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