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Ann: TNG Executes Binding Offtake terms for its Titanium Pigment, page-37

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  1. Digity1
    429 Posts.
    lightbulb Created with Sketch. 602
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    30/10/18
    11:21
    Post #: 36311569
    Fact check.

    100% LOM TiO2 product up to 150,000t per year. What happens to the the other ~ 100,000t per year from year 5 onward (stage 2).

    It is not really a 100% offtake for LOM, only years 1-4. If expansion to stage 2 not intended, NPV would significantly reduce.
    TNG Price at posting: 11.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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