ENVIRONMENTAL PERMITS NOV 21, page-9

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theposh

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15/12/21

11:35

Post #: 58305668
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Originally posted by GoblinGhoul: ↑

I am not sure why the November date for permits came about. I was going to make a post on it a few months ago but it lapsed my memory.

The Kiruna document specifies the following:

So November was some sort of review period. Also, see the quote below from Mark Thompson via the ********* presentation back in May regarding permits:

The normal pathway is to apply for an exploitation license, then an environmental license, then a Natura 2000 license, so it is a three-tier system. We have seen that process take a lot of time previously with other companies. So Talga innovated and invested quite heavily in doing all three together. So all the government departments have got all the same information, all at the same time. We put in all our paperwork last year and those processes are going with the government. We’ve currently got approvals to mine 25% of our planned commercial output of the initial study. Over the next few years, we can mine 25% and in that time we expect to get the full-scale permit.

What we are doing to mitigate this is exactly that, trial mine type material provides us with up to 5-6k tonnes of anode. Which can therefore be put into the market over the next several years as the company ramps up to commercial production, by putting that material out to automotive type customers. I understand that people look at the history of Sweden in a certain way, but you've got to understand that some of those other projects were extremely big and up in the mountains. We are down from the mountains and in a more executable place. And being a green, strategic battery supply project, that is vertically integrated locally gives us the best possible chance. We expect to get those approvals next year.

I'd also urge anyone to not go their hopes up for permits in Q1/Q2 next year as well. I reckon it will take a bit longer (maybe 2023 or 2024).

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The November date was specifically because @zoulou started a thread on it.

After that @Gero unusually posted on the NPV of Talga and shares being low. HE ACTUALLY refers to the @zoulou post which is cannot be verified.

Then the SP gets pumped to 2.20.

@Gero and @zoulou both from Perth. Both attended the AGM.

Work it out

TLG Price at posting: $1.52 Sentiment: Sell Disclosure: Not Held
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