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Ann: TNG Secures Binding Terms for Remaining Vanadium Production, page-12

  1. journeyman
    3,013 Posts.
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    11/12/19
    21:09
    Post #: 41920027
    i don't think electrolyte production was ever part of the current DFS (Capex) and therefore they are not in a position to be considering offtake for it etc. PB might have wanted to hold the 40% over for future electrolyte plans, but when push comes to shove, it's probably far more critical to have binding LOM offtakes for 100% of production in order to secure finance at this stage. Electrolyte, Ferro vanadium etc is for 5-10 years down the track imo
    TNG Price at posting: 9.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 13  Upvote
    lightbulb Created with Sketch.  Great analysis
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