TLG 8.62% 53.0¢ talga group ltd

STEALING YOURS SHARES, page-6

  1. 628 Posts.
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    On a change of subject has anyone read the 2021 published financial report?
    Having read the report I understand the enterprise risk a little better , in particular the Mineral Title Risk and Working Capital Risk ".TALGAGROUPLTD|30JUNE 202114Whilst the Group’s cash as at 30June2021 of $52.5million will provide for on-going business activities, the Company will need to seek funding options to advance the Vittangi anode project as disclosed in the detailed feasibility study (see ASX: TLG 1 July 2021).
    With the assistance of our financial and transaction adviser Morgan Stanley, Talga is advancing project funding discussions with third parties including, under a under a Letter of Intent (LOI) with international high-tech mining and minerals group Luossavaara-Kiirunavaraa Aktiebolag (LKAB) and Mitsui & C"
    I just wonder to what extent the retail shareholders will be diluted, and on the other hand ,how much more we will have to invest to prevent too much dilution.( If we get the opportunity)
    I think this additional funding will happen within the 2022 financial year ..
    Does anyone have any thoughts ?.
 
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Last
53.0¢
Change
-0.050(8.62%)
Mkt cap ! $227.3M
Open High Low Value Volume
58.0¢ 59.0¢ 52.5¢ $649.3K 1.180M

Buyers (Bids)

No. Vol. Price($)
1 19006 53.0¢
 

Sellers (Offers)

Price($) Vol. No.
54.0¢ 34000 2
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