I was at the sydney presentation today: *suggested SMS Siemag...

I was at the sydney presentation today:

*suggested SMS Siemag will sort out the finance for Tivan - 670m worth

*Paul heading To London/NY post Korean meetings

*suggested that Breakways composition of debt/equity and therefore valuation was way off - "they never spoke to us"

*The suggested capital that TNG would need to raise would be 20-30% of the 970m

*TRR could go IPO this year

The most listened to presentation of the three in my opinion - he had 5 ppl waiting to talk to him as soon as he jumped off stage.... Exciting stuff