Not a chartist, but the upturn in trading patern is reasonably clear. Interest is developing, ready for some positive FA. Curgent resistance is c 14.9 then 15.4 (Barchart com).
It's 10 October and if TNG is to receive EIS (allowing for full 35 days from filing answers) by end of year then realistically answers need to be filed by first week in November. If compliance is to be announced pre AGM then within a week.
Recent announcements suggest final titanium pigment option will have been settled enabling conclusion of off take(s) and CAPEX figures. On the figures being determined then it's back Europe to advance final stage discussions with KfW-IPEX ECA.
Circa 6 weeks to AGM. I'm sure PB and BOD will want to report substantial advancement of the above if not resolution. 6 weeks is a wee window to conclude this stuff so it could be real busy.
Everybody knows this stuff but sometimes I just like to run through it in my head.
October News, page-98
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