Thanks for the estimate k; I wouldn't know where to start on checking your figures but I am interested to know why the sp went to over $1 last July if even with this upgrade it's only worth 63 cents. Was it just uninformed speculation?
Any idea what a takeover price might be? I would have thought that if the average investment house doesn't know what an MVT is anyone interested in taking over TNG certainly would. Would they pitch their price according to that? Would the company resist anything less? Would the mass of holders sell out on the cheap because they don't know any better?
I would like to see this go on and the true resource be eventually proven but it looks like it's going to be a long hard road if that is the case. A result like this should surely have put a bigger jolt into the sp than has happened today. Maybe the moneyed ones haven't woken up to it yet.
resource upgrade, page-9
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