This post is more negative than the usually positive posts I publish about TNG, and I realise that I run the risk of coming across more hot and cold than @Tigers1980 reading the latest EIS update while taking an ice bath in a volcano.
I am positive for TNG and am a long time holder, but I think we all recognise that a carrot has been dangled in front of mum & dad investors for a very long time. The reason for this is so CR's which need to be conducted during the journey can be done at a healthy level, but the side effect of this is that people will eventually lose faith, which from a majority of holders posts is what we are now witnessing. I want to post this so holders are not under the illusion of fluffy news, and want a real company update.
Paul B needs to become honest and transparent moving forward before we lose investors. Paul, an update is needed, and it needs to be honest. Where is the company at with securing a titanium off-take partner, as the story about an MOU with Wogen is a little old, will this be tied up as titanium is where 75%+ of TNG's profit is. We have engaged TiPMC Solutions LLC as a highly paid consultant to do this in July of last year, and they have still not been able to find a buyer who will sign a binding agreement with TNG....in almost a year. Why is this?
Shareholders need an honest update, not like the ones below:
2012 news release: (production in 2014)
2013 news release: (construction in 2014)
2014 news release: (Construction in 2015)
2015 news release: (construction in 2017)
2016 news release: (construction in 2017)
News update please Paul, I am flying blind at the moment and usually maintain investments in companies which are transparent so that an informed investment decision can be made, not guesswork or dot-joining.
Wanderdog
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