I attended the Resources Rising Stars conference. I have attached a snapshot of TNG's booth which was staffed by senior TNG people, including Paul Burton, over both days. I talked at some length with Kim Grey, Exploration Manager, about the ramifications of having all production located at the mine site and he was positive about the advantages, with little concern about additional approval processes. He indicated the extra water required was minimal and the traditional owners were in favour of the development.
Propunter2 summarised Paul's presentation well so I won't go over it again. The presentation was very much an articulation of what was on the slides. However, I would note that Paul seemed to give particular emphasis to the involvement of Cough as a first tier engineering firm; TIVAN extracting maximum value from the resource and having application beyond Mt Peake; 100% offtake of all products, V2O5, FE2O3 and TIO2; and the disconnect between TNG's current market cap and its value as a project - a clear pitch to investors.
TNG Price at posting:
8.2¢ Sentiment: Hold Disclosure: Held
