So after the Vimson raise, associated SPP and this R&D rebate TNG are now sitting with cash reserves of almost $20M ($19.2M approx.)
Definitely well funded to move toward a FID.
Now, as stated by @Digity1 elsewhere today - I wonder if certain Directors are going step up and repay their loans ($1.8M)?
Ann: TNG Receives $1.55M Research and Development Rebate, page-4
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Mkt cap ! $99.06M | |||
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| TVN (ASX) Chart |