WOW - thanks for warning me Womble.
Breakaway Research must have got it VERY wrong.
http://www.tngltd.com.au/images/tngltd---zeenahiuwi.pdf
Here I was thinking that TNG are in the advanced stages a world-class scale project - with an initial 17-year project life, a robust 41% Pre-tax IRR and a $4.9 billion net present value (NPV).
The NT news and the government are pumping it too! Have a look below, surely it must be a conspiracy.
http://www.ntnews.com.au/news/north...w-territory-mine/story-fnk0b1zt-1227470666931
Then there's TIVAN - 100% owned by TNG, supported by the NT government, backed by SMS Seimag. Just a little German mob with around 14000 employees and a 5 billion dollar balance sheet. They must love a good pump and dump too.
There was this other obscure Korean company, Woojin I think it was called who were falling over themselves to sign a term sheet and take 60% of our product.
I also remember last year, another little Korean company called Hyundai (along with Woojin)were sniffing around too, they signed a three-way MOU and had their pictures taken with Paul Burton. Even the Australian Financial Review got in on this one.
http://www.copyright link/business/...r-mount-peake-vanadium-project-20140713-j0x7r
Almost as elaborate as the moon landings
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