commercialisation of the TIVAN? process?We are very much looking...

commercialisation of the TIVAN? process

?We are very much looking forward to working with ECE towards the completion of the Mount Peake Pre-Feasibility Study and the commercialisation of the TIVAN? process."

So TNG doesnot only focus on developmenting the Mount Peake project, but also dedicate to commercialisation of the .
As I posted early, TIVAN process alone, once successful could be a company maker, is worth of $100-250 million.
Now 99.2% TiO2 trading at $3600/t, 43% TiO2 trading at $350/t. If TIVAN? process can verify TNG can produce 99.2% TiO2, SHs can expect 1000% of the SP return.
Personally, I wish TNG can magnetite/vanadium/titanium concentrate that assays 55% Fe, 1.2-1.5% V2O5 and 18% TiO2.

I put $180-200/t for this concentrate product, if TNG can just upgrade this product to 45% TiO2. I think there should be nuch hihger profits margin from the concentrate upgrade process.

Suppose TNG only produce 1million tonne of 45% TiO2 per year, ( assume no value for V2O5, Fe3O4) selling at $350/t, say net profit $60/t only. The net profits per year comes to $60 million = 15c net profit/year/share
If TNG choose to produce TiO2 pigment using its 18% TiO2 concentrate, then Mount Peake would be worth much more than a 200mt at 6% Zinc project.

I think currently ECE is trying to cap the SP at 9c so as to secure its 30% at 11c---they learn from the NTU lesson. If so, this means ECE has strong willness to invest on TNG.

BTW, Copper result is due now, I think we will see the announcement soon.

Cheers