Ann: Boardroom Radio Broadcast - Mr Paul Burton, page-71

The problem with today’s market is that most investors are chasing spec stocks with market caps inexeses of TNG’s who are still just looking around or have a sniff of Gold, colbat, Lithium etc. They are happy to pay $100m, $200m $300m for these companies but when looking at TNG who are capped at $100m and are at the pointy end with a massive NPV there seems to be no interest. Could be missed timelines, Chinese selling or just not selling itself.
I would rather stay on TNG which has a much better chance of going into production then other spec stocks at drilling stage.