TNG Limited (ASX:TNG) – Vanadium-Iron-Titanium Project – Northern Territory


November 28, 2017
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We have a base case, risked, post-tax price target of A$0.41/share for TNG, with an un-risked valuation of A$0.68/share - this is based on a diluted share structure of 2.4 billion shares to take account of our financing scenario.