Am familiar with Windimurra, in fact TNG’s current CFO (Jonathan Fisher) was responsible for the financing it, he delivered the US$335 million high-yield bond financing package to complete its development.
He has publicly stated that his experience with Windimurra was one of the reasons he joined TNG as he saw the opportunity presented by TIVAN as hugely superior to conventional vanadium processing plants.
How does this relate to AEV? I see similar parallels to the Novaphos IP AEV are looking to exploit. Conventional processing methods are no longer viable and financeable let alone sustainable from an ESG perspective.
Hopefully the proposed DSO operation can start funding the feasibility studies required to make the Novaphos tech a no brainer to finance.
Wonarah Phosphate mine, page-196
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