TLG 3.49% 41.5¢ talga group ltd

TLG Chart, page-3248

  1. 2,853 Posts.
    lightbulb Created with Sketch. 102
    I think there will be lots of SHs now looking for any bounce to get out
    So maybe an initial bounce of 5-10c but then sellers will pile in
    There is also the huge overhang of shares from Kinetic needing to get out
    Also depends when the court decides-(my prediction is Mid March)-it could be months off yet and dropping
    at 1.5-2.0 cents a day it could be at 40c or lower by that stage

    Talga hasnt shown it has a product that companies want to buy yet
    It says its done so much testing but there is no data you can look at to see if it has a quality product because-----secret of course lol
    Once it gets the permits it could be valued as a graphite miner but thats way lower
    Needs anode offtake to get any rerate and it better be binding or it will get smashed again
    Once permits are done prob another 6-12 months before any agreements are done so
    i dont expect 2024 to be transformational
 
watchlist Created with Sketch. Add TLG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.