Presentation, page-140

Nice to finally see some cards on the table and yes more engaged but I’m not sure the report will punch the share price. When I first read the report everything looked good with everything imminent. On closer examination I now have reservations.
The agreement with the land council has already been mentioned and I also have recollections of this supposedly being settled months and months ago.
I’m more concerned about the conflicting comments regarding the titanium off-take situation, one minute it’s on the table being scrutinized by lawyers and in the same report.......


Discussions with potential titanium off-take partners were significantly advanced during the Quarter, and the Company hopes to make an announcement about titanium production and off-take in Q4 2017.

Titanium dioxide pigment prices are also strengthening with a price increase of 7% over Q3, 2017 and a further increase expected in Q1, 2018. TNG is well engaged with leading global TiO2 pigment groups and should be able to conclude binding agreements in the next quarter;

Dare I say “next quarter” could be before the end of March 2018. What’s your thoughts?