Well if you had forecast the MOU's that TNG now has signed six months ago you would at best be called crazy. The fact that Paul Burton has progressed things to this stage speaks volumes around the TIVAN technology and the Mt Peake project. I have been saying for the past week or so that we will need additional finance. I would hope that we all agree that Hyundai Steel would make a great cornerstone investor!! When you look at the size, quality, marketing ability and intellectual property that all of our potential partners bring it simply to our project it takes my breath away. We are in great company with these firms and the fact that they are South Korean is the cherry on the icing.
One would hope that the next stage of the negotiations will be resolved within weeks enabling HS to take up its cornerstone investment in TNG. This will provide the much needed funding to get all stages and tasks for the DFGS completed by December.
Seriously, anyone who sells today needs to see a shrink!
cheers W2
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