The deal between Farasis Europe and Daimler-Benz and Farasis and Talga is a very positive sign.
Not a done deal but commonly worded references to local sourcing to meet local regulations and carbon neutral battery cells produced with electricity from solar, wind and hydro sound very familiar.
https://www.daimler.com/innovation/drive-systems/electric/mercedes-benz-and-farasis.html
Talga's chart ready to pop. High 70s first target, break out occurs at 65. Real news would get us there. Updated DFS due soon, maybe that would do it. Can only imagine what a financing deal on the expanded anode plant and an anode contract would do to the share price.
Hopefully not long now.
Equivolume chart shows two strong power boxes last week, generally a sign of things to come.
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Open | High | Low | Value | Volume |
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3 | 12176 | 0.560 |
8 | 53692 | 0.555 |
20 | 246609 | 0.550 |
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Price($) | Vol. | No. |
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0.570 | 10196 | 1 |
0.575 | 35000 | 1 |
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