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Ann: Update on TNG Share Plans, page-13

  1. Rudster
    525 Posts.
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    07/05/19
    11:30
    Post #: 38443765
    This should not lead to dilution as this merely reduces the holdings that were in the names of the respective Directors. I'm not happy about this transaction but I will hold off for now on judging the rationale. I can only assume that Vimson will play a key stake in the remaining offtake(s) as well as equity funding (which I hope will not be required but if it is, hoping this will be a JV at project level).
    TNG Price at posting: 10.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch. 2  Great analysis
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