'The key matters raised relate to wastewater discharge, water use and
marine flora and fauna. Additional detail was also requested with respect to air quality and greenhouse gases, noise, traffic impact, the approvals framework relating to the new Northern Territory Environmental Protection Act 2019 and public consultation.'
In bold might be a big deal?
'Additionally, TNG has contacted all three proponents that submitted public comments on the Draft EIS and, through APM, will engage with them to discuss the matters raised in their submissions and respond in a satisfactory manner.'
Doesnt sound alarming.
4 December 2019
TNG EXTENDS MANDATE AGREEMENT WITH KfW IPEX-BankThe extended Mandate will terminate on 11 December 2020, unless extended by both parties.
March 2020 Quarterly Activities Report
9 April 2020During the quarter, the Company continued to progress work and assist with due diligencewith its exclusive senior debt advisor and arranger, KfW IPEX-Bank GmbH (“KfW IPEX-Bank”
. Due to the COVID-19 impact in Germany,
it is likely that the completion of any required due diligence will be delayed.Bit of a worry considering Germany is expecting a recession. On the flip side they want to see PEAKE / TIVAN make it into production as all plant components must be German made ie. SMS Siemag provider.
I do believe the TNG story is a monster in the making, but this year is cooked and who knows what next year holds with the world financial situation still unfolding
