TLG - Media, page-13127

Here's my sad honest take.
The mine permit will be priced in so when that announcement drops I'm not expecting a big reaction. If anything, even a sell-the-news event wouldn't surprise me anymore. Good chance the SP undergoes a slow death by 1000 cuts until there's concrete news like offtakes and additional financing. And even with that news, we'll have to see if the market likes it or if the market only cares about revenues and profits.

A while ago I sold about 10% which I'm holding in cash for if the price drops substantially. Obviously if that happens I'll wish I sold even more but I'm at peace either way because this is all just guesswork. It's comforting knowing the permits are basically in the bag, the funding has started coming in, the plant is underway. Things are happening, I can be happy with that.

The shorts chart looks pretty ominous but I'd like to think that it's not entirely personal. 3.6%, not great not terrible. They're just a byproduct of how the market perceives the company. I understand all the positives and I'm a shareholder, but I can still see why it has short appeal. It's a speculative stock in the ASX300, in a "new" industry, with complex circumstances, not a guaranteed success yet, etc... That said, the shorts are of little concern assuming Talga hits their goals, which is what I'm betting on as a shareholder.

An update on what Bosto?