TennantConsolidated Mining Group Managing DirectorMr Peter Main commented: TCMG’sadvisory group TransAsia Private Capital is best known for itsprivate debt solutions including short tenor trade finance throughmid to longer tenor term and project loans. Emmerson has a strategicland package around Tennant Creek with clear production potentialwhich aligns with our consolidation strategy in the Tennant CreekMineral Field of establishing a modern processing facility to unlockvalue. TCMG’s next step is to conduct further detailed studies withthe objective of establishing a pipeline of mining projects ready forproduction”. TCMG is trying to help monetize currently NT stranded gold/copper assets by creating JV's and directing the resulting ore to a new nearby mill. A clear win/win approach.
ERM Price at posting:
8.1¢ Sentiment: None Disclosure: Not Held
