Although the Vanadium ore grade is not the best for TNG compared...

Although the Vanadium ore grade is not the best for TNG compared to deposits globally and it appears for the short term there is plenty of it to go around, the ongoing improvement of the Redox Flow Battery may increase its demand in the long term as per the companies global outlook . Albeit not as powerful as Lithium Ion at present, but the Redox is a more stable product and can handle varying power loads with relative ease (unlike Hoverboards).

I am new to the trading forum's, but personally I think there is a substantiated future for TNG; not just in Mt Peake, but to the surrounding areas of its tenements and not just vanadium/titanium. In Central Australia we have an array of minerals which have always attracted interest, however in previous times the remoteness and availability of transport infrastructure has always played a factoring part in mining start-up decisions. If TNG gets the finance and some years later begins production, surely there long term goal would be to expand in and around their area of operations, especially after developing the local infrastructure?

Tennant to the North and Tanami to the west of TNG contain significant gold reserves. Arafura is just down the road with there Rare Earths including Thorium and are in a similar position at the moment as TNG. To the SE is the Plenty/Harts Range/Jervois which is dotted with many small exploration sites.

Adam Giles is keen on developing the NT and TNG is placed as one of those developments (Major Project status). TNG may not be a get rich quick company in the short term based on its current mineral resources, but with time and possible expansion into other neighbouring minerals aside from vanadium, IMO may prove to be a lucrative investment.

Have a good day all!