Ann: EIB appraising up to EU300m for Vittangi Anode Project, page-9

Nicely done MT!! Bringing home a nice 300m Euro early Christmas present from his latest visit to Sweden! As Nhim mentioned, this is basically Talga's entire market cap in AUD if they get the full allocation!

This puts Talga in very exclusive company with other beneficiaries like Northvolt and will help unlock the other financing opportunities via export credit agencies and investment banks having the EIB corner stone the debt funding!

We can also look forward to:
- ACC deal going binding by Nov 30;
- A second/third non-binding offtake deals to be announced;
- Second resource upgrade of the Vittangi project following drilling earlier this year around the Niska link;
- Talnode Si commercialisation strategy;
- Cathode Additive non-binding offtake deals;
- This announcement might bring forward the negotiations with Mitsui (and other Strategic Partners) who want to JV into the project. This certainly helps bring confidence to the project having the EIB on board, particularly conservative investment houses like Mitsui. This announcement derisks the project further and gives Talga additional bargaining power at the negotiating table, particularly as graphite supply is about to go into deficit.

Talga and graphites time has just about arrived!