I thought it was an excellent, comprehensive summary of where we are at.
I was glad to read the outline details on the financing deals and how those are likely to be structured with less impact in terms of share dilution. That was always a bit hazy in my mind.
PB blatant ramp:
Longer term shareholders may remember that, prior to the GFC, in 2007 TNG’s share price was over
$1 based almost entirely on the Manbarrum Project alone. With zinc prices now forecast to achieve
close to 2007 prices, this project has a great future and we believe it’s the right time to bring it back
into focus in a new company.
I sense he's getting a little excited at where we're at now.
NPV has to be closer to $2.5-3bn now. $70m market cap.
Slight disparity...
All things going according to plan, at some time around the middle of 2015, this stock will reward investors who've stuck to their guns.
In the meantime, we will have to endure the onslaught of naysayers and their moaning about delays.
"I had to wait an extra year to get a 20 bagger in this company, it so sucks... " lol.
