Ann: TNC secures Glencore partnership - Cloncurry Copper Project, page-98

Its been a long and painful ride for DEX holders into TNC, but this deal really gives the company a solid base to generate income and build from.

We have some great potential in these assets, although it was somewhat interesting that Mt Oxide isnt included in this agreement.

I think they will restart, get some cashflow going and possibly use those returns to fund a plant for Mt Oxide, however before it gets that far Im sure Glencore will step in before anyone else does as say "thanks we'll have the whole lot for $500mil."