Coolamine, Here is the summary of the announcement:
Sydney - Thursday - February 17: (RWE Aust Business News) - TNG (ASX:TNG) has received the initial payment of $500,000 under its recently announced JV agreement on Manbarrum zinc-lead-silver project, Northern Territory. A final payment of $2m is due by September 2013 for Sorby Hill joint venturers to earn a 51 per cent interest. On completion of total earn-in expenditure of $4.5m a formal joint venture will be formed.
TNG Price at posting:
15.0¢ Sentiment: None Disclosure: Not Held
