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Ann: Research Report, page-36

  1. journeyman
    3,013 Posts.
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    28/03/18
    21:11
    Post #: 32100829
    Yes, Wogen is the offtake partner for titanium dioxide as I understand it. I think the intention is to make as much pigment as possible instead though...

    We'd be back down at the original $2.4b NPV (or whatever it used to be before the pigment idea came up) if it was all titanium dioxide. A fair bit of capex was associate with the pigment plant from memory.
    TNG Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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