PP2,
Interesting and sad that we have to guess.........
How does this sound for a novice guess .......
- Very little or at least no promotion to the Asians where IP could be at risk.
- Promotion to Indians hungry for iron ore when other Oz miners mostly have contracts to Asia (80% by volume)
- Sufficient Indian confidence hence the large placement
- Patents in place and/or patents pending in a number of countries.
- Listing on the LSE (other miners don't appear to do this)
- Off takes in place or at least agents in place for off takes.
- SMS Group as major shareholder. Why is this when their commercial focus is on industrial process and not with mining?
- SMS Group quietly working on FEED with little information being available to SHs.
- Deutsche Balaton AG & Sparta AG.... why? Because SMS Group have something extordinary....... that's why!
- BOD being very coy with little information flowing and SHs left to constantly guessing.
We are missing something crucial I'd say.........
My wager is that Mt Peake isn't really the focus for TNG but rather the commercial feed stock for a new beneficiation process. It may have been the catalyst for the initial float although as TIVAN has been developed, the mining is now second fiddle.
So going forward with a little speculation........... TNG (with a TIVAN process working successfully at a commercial level) may eventually sell Mt Peake and TNG
may eventually become an industrial chemical company with a beneficiation focus rather than being a miner. All IMHO.
Happy to be hit out of the park on this although let's see where this slow boat takes us ...... Interesting times ahead and certainly looking forward to the next 12 months.
Merry Christmas loyal TNG followers
