In accordance with ASX Listing Rule 17.1 the Company requests an immediate trading halt of its Shares pending the release of an announcement in relation to an off-take agreement for the Mount Peake Project.
If this is TiO2, you'd think it will be followed by a string of announcements of MOUs turning into Binding agreements.
With TiO2 market growth expected by 2020, Iluka/Metalysis, Argex, CSIRO enthusiasm for new processing technology of TiO2 metal powder for 3D printers and TNG's highly competitive processing cost base with TIVAN, one would think the terms should be pretty reasonable for a new TiO2 plant starting up just when the market is peaking 2018/2019.
Also, another TiO2 company just received a rating upgrade from Zacks.
KRONOS WORLDWIDE INC. (NYSE:KRO) rating of Upgrade supported by Zacks
http://hintsnewsnetwork.com/kronos-worldwide-inc-nysekro-rating-of-upgrade-supported-by-zacks/
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