Thoughts from the AGM

Firstly let me say what a privilege it was to meet four other people from hotcopper... The calibre and expertise of these individuals has left me humbled...

Was it worth the flight to perth from sydney? For me personally, yes. I've got a fair amount of coin tied up in TNG so it made sense for me to eyeball the directors, and to their credit they were engaging and took their time post meeting to have a conversation... Only downfall is they didn't put any frothys on!

now you all have the same presentation as we got but here are my notes:

*strong ECE contingent in attendance
*representation from CSIRO, GHD, Snowden and KPMG...
*approx 40-50 ppl in attendance with estimates of 10-15 shareholders

*malaysia appears to be a goer rumblings of 10 years plus tax breaks
*expectation that oppies will be converted next year... Read into that as you will
*no reason for share decline apart from general market sentiment
*could go into production in FY15 for magnetite
*discussions with green energy houses in Europe, US and others unspecified
*woojin needed to complete BFS? I don't understand that bit...
*TRR to go IPO first half of next year pending Market sentiment .... Mmm
*tivan pilot plant results expected in first quarter FY15...not so sure

im sure you will all here the presentation and questions asked as BRR recorded the session


Patience is the key, Fy 15 is going to be decisive