Ann: TNG appoints Gresham for Mount Peake funding-TNG.AX, page-36

Yeah, you have to laugh. The PLS DFS numbers and their market cap relative to TNG's is staggering - however, TNG does have the added complexity in the picture of TIVAN, refinery and the overall larger capital figure that needs to be raised.

Certainly a higher risk profile from that perspective - but then you have to ask how much lithium the world is going to need, and a lot of people are trying to play in that space. TNG's metals all have viable markets outside of renewable energy which offsets the ongoing risk of other tech breakthroughs that render lithium, VRBs etc obselete.

Looking forward to seeing how a revised DFS looks, and what that does to the numbers. Almost getting twitchy on the 'hold' sentiment...