Ann: $10M Strategic Investment from Indian Mining Group, page-30

I admire your unrelenting optimism @noodly but the same could have been said for the investment that the Chinese made in 2012....

http://www.tngltd.com.au/images/tngltd---engiethaeg.pdf

MILESTONE WITH CHINESE ANDBOOSTS CASH TO $11M

INVESTMENT TO PROGRESS EVALUATION OF MOUNT PEAKE STRATEGIC METALS PROJECT AND ADVANCE OTHER PROJECTS

Key Points: Completes final stage of overall $13.4M transaction with China’s ECE and Aosu Investment & Development Co Pty Ltd$6.8M investment completed at 11 cents per share by Ao-Zhong International Mineral Resources Pty Ltd, a subsidiary of China’s ECE

TNG is now in a unique position as a junior explorer with the support of two key strategic Chinese companies providing a foundation for continued growth – with State Owned Enterprise ECE’s vast experience spanning the fields of mineral exploration, resource evaluation and mining, together with privately owned Aosu, a high- technology industrial company and potential end-user of the strategic metals we could produce. We look forward to the involvement of both groups in TNG’s future. 

TNG LIMITED Paul E Burton Managing Director 25th May 2012