TLG - Media, page-13699

Far out the ASX is a dull place to be the past few months. Every stock in the battery materials sector is down at rock bottom - many like TLG back to 2018 prices where they were before the last bull market surge - yet many of these have also seen huge progress over those 5 or so years. Perhaps none more so than Talga - which has now ticked virtually all the boxes for a derisked operation and has moved into construction phase.
In every forum on here people are debating why various companies are down at 5 year lows, and the same arguments come up in all of them. The fact is the reason companies like Talga are now so low is almost entirely macro driven. The market is hugely risk off at present and money is flowing away from anything remotely speculative. Talga is still pre revenue and particularly to newcomers to the stock, does appear to have significant risk around funding and offtake deals, enough to spook people away from it in this present climate.
However, the macro sentiment does not have much influence on Talga's execution, and chances of success - other than perhaps the slight issue of increased dilution in the event of needing to raise capital at a low price.
If you have done your research and saw good value here at $1.50+ then $1 or less is a steal.
Folks like fat tail deciding that all pre-revenue companies are too risky and publishing a sell note in a newsletter should be ignored by anyone who has done their own research on what this company is, and where it is positioned in the market.
If Talga after 13 or so years of exploration, planning and permitting cannot now complete the build of this mine and begin selling product, then the rest of the hopefuls out there have very little chance, and the global electric transition is not going to be feasible.
Right now feels a lot like when I first got into lithium stocks in a big way in 2018 as I thought they were begging to look far too cheap - and I then watched my investments dwindle down much further over 18 months before finally confirming what my research had told me - and rebounding in a big way.
Graphite almost certainly must go the same way in the medium term - and near term active annode producers outside of China are going to be at the front of the pack (think PLS/AKE for comparison).
DYOR and trust in it, and don't be spooked by those that have not and are just following the herd.