Breakaway Research Reports – TNG Limited
Breakaway Research recently reported on TNG Limited. Breakaway Research reported:
TNG has made significant key advancements on the Mount Peake Project, with the signing of MoU’s with WOOJIN and POSCO E&C subsequent to our March 2014 report. These agreements cover critical aspects of project development, including offtake, financing and construction. In the shorter term the POSCO E&C MoU covers potential funding and completion of the Definitive Feasibility Study, a critical near term step in advancing Mount Peake. One key now will be to progress these non-binding MoU’s into binding agreements, which will add significant impetus to Mount Peake.
The key technical consideration is to prove the commercialisation of the TIVAN® hydrometallurgical process, with pilot scale work now under way.
To view full report, and historical reports, click here >>
About TNG Limited
TNG Ltd is an Australian resource company focused on the exploration, evaluation and development of a multi-commodity resource portfolio in the Northern Territory and Western Australia.
TNG’s main focus is the evaluation and development of its 100%-owned Mount Peake Vanadium-Titanium-Iron Project, located in the highly prospective Arunta Geological Province some 80km north-east of Alice Springs in the Northern Territory. (Source TNG Limited website: www.tngltd.com.au)
About Breakaway Research
Breakaway Research is part of the Breakaway Investment Group, and has been providing thematic and company research on the resources sector for over 8 years. A particular strength of the Breakaway research team is that it combines technical experience with financial expertise. This leads to research reports that are supported by a technical assessment of resource projects along with financial metrics for the company.
An important function of these independent research reports is to provide investors and company shareholders with the identification and quantification of the perceived value drivers within a company, which the company may otherwise find difficult to present. Indeed shareholders are an often overlooked but important target in the distribution of these research reports – with well informed retail investors often creating a stable share register.
Our high research quality stems from the extensive experience of our analysts, combined with a process of extensive interviews with company management and industry specialists, as well as site visits if appropriate.