Going by PBs track record another positive announcement to come before the end of the quarter is heading our way - will it be a signed Titanium offtake agreement.
The $4b NPV of this project when FID goes ahead will have us all asking the question how can it stay at a market cap of $133m, the answer is it won't.
Got to be a billion dollar market cap for TNG by the end of THIS year, though dilution to current shareholders is the key question. Going by TNG aggressively looking for debt finance from SMS group and now the McMahon / Clough JV my bet (being a LT holder) it as much debt as this project can take!
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Going by PBs track record another positive announcement to come...
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