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TNG raises working cash ahead of big funding for Mt Peake

TNG is raising A$15 million as it works to progress the Mount Peake vanadium-titanium-iron project in Northern Territory, which requires more than $860 million to bring into production.

 TNG needs to find a lot of cash for Mount Peake

TNG needs to find a lot of cash for Mount Peake

Two Germany-based institutions are putting in $10 million at 9.3c per share, and are underwriting the $5 million non-renounceable rights issue set to be undertaken. "Following last year's strategic...

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