I concur Dmasonic.
Remember this about the AUD850M figure,which I consider to be fanciful:
From the feasibility study:
"The capital cost is based on the maximized sourcing of largely pre-manufactured modules from qualified vendors from Asian manufacturing hubs with attractive labour cost. TNG considers it prudent to point out that the present capital cost assumptions may change if lenders (e.g. under an ECA-backed lending scheme) require a larger than presently assumed portion of the capital equipment to be sourced from fixed countries of origin."
If TNG want german ECA cover on a loan from KfW then it need to contain a significant percentage of german manufacturing,rather than Asian manufacturing. I won't pretend to be able to quantify how much this will add,but it will be material,as will the extra margin that SMS will add to cover themselves on the guarantees they make to satisfy the bankers.I haven't factored the deterioration of the AUD/USD and EUR/USD on the capex,or what might happen if the TI offtake doesn't include funding for the pigment plant component of the B.O.O.T totals.I also cannot quantify the amounts needed for contingencies,debt service reserves,owners costs,working capital,or a bunch of other things,that will only be known many months from now,likely not until next year.
AUD850M.....my arse,
- Forums
- ASX - By Stock
- TVN
- Ann: Managing Director Company Update, 121 Conference Cape Town
Ann: Managing Director Company Update, 121 Conference Cape Town, page-42
-
- There are more pages in this discussion • 117 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TVN (ASX) to my watchlist
|
|||||
Last
5.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $94.75M |
Open | High | Low | Value | Volume |
5.6¢ | 5.6¢ | 5.4¢ | $68.96K | 1.248M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 343140 | 5.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 257872 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9095 | 0.055 |
4 | 244927 | 0.054 |
1 | 3700 | 0.053 |
4 | 328797 | 0.052 |
2 | 700000 | 0.051 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 257872 | 1 |
0.056 | 121720 | 1 |
0.057 | 60000 | 1 |
0.058 | 77000 | 1 |
0.059 | 45500 | 1 |
Last trade - 15.45pm 23/07/2024 (20 minute delay) ? |
Featured News
TVN (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online