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Coolamine,Here is the summary of the announcement:Sydney -...

  1. Ltdragon
    67 Posts.
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    17/02/11
    16:41
    Post #: 7909578
    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
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    lightbulb Created with Sketch.  Great analysis
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