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38.0¢ talga group ltd

An assessment of the Talga Battery Deposit at Vitangi, page-4

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r3s0urc3

1,637 Posts.

497

07/10/23

23:11

Post #: 70228752
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Originally posted by Joey6: ↑

@z the unfortunate elephant in the room is the market wants to see cash flow and sales. Talga is some way off that and there is lots of information that suggests they will shortly require more capital (again). It will likely get worse before it gets better. Constant delays, a lack of commitment from major suppliers (as per MT frustration at the last panel), an oversupplied anode market -- there is lots to dislike here at the same time. There is also evidence that MT is not getting the government support they anticipated and this is a real issue. I think this is why the US is a much more attractive market for prospective anode suppliers at the moment. Without further assistance from legislation, funding and the like. I also think the market knows what Talga is sitting on in terms of its deposit, so this is almost more of the same (for the market, anyway). It is murky waters at the moment.

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@tigmeister Isn't this elephant enough for you to see why I'm still skeptical?

As for the whole tagging thing about the situation in Ukraine…well, I'm not interested in propaganda...

No matter what side it comes from,

so just leave it alone

cheers r3

TLG Price at posting: $1.17 Sentiment: None Disclosure: Not Held
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