Hi Morry,
with all respect because I used to remember you on TNG years ago, TNG is a Titanium company. 70% of their projected income is from titanium, 20% is Vanadium and 10% is iron. So the BOOT component of the Titanium plant is most important, and that $800m component isn't included in the $1b mine development financing which TNG have shown they can't obtain however they have tried for the last 4 years. That is even with the German financing bank acting as guarantor for the finance, they still cannot obtain funding! So why isn't someone financing this project, and if TNG cannot obtain this funding after four years, how long is the wait then for the Build, Own, Operate, Transfer company to obtain their own $800m for their other section of the project, which is only ever written in fine print and not included in the overall project cost of it's own $1.2b.
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