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Ann: Titanium Industry Expert Joins TNG Board, page-14

  1. LM77
    447 Posts.
    lightbulb Created with Sketch. 314
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    21/02/20
    09:01
    Post #: 43062595
    Spot on Tigers, the more the AUD drops the further the $600 million from KFW will go and as a result we will have far less dilution. From xe.com $600 million USD is $907 million AUD and pre-production capex is $824 million AUD. Adding further to this is the possibility of NAIF funding too.
    TNG Price at posting: 8.2¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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