Again, you pick and choose comments I make, without considering the context
How about the numerous comments I've made about how Talga should take a more pro-actice approach by exerting political pressure, or otherwise, to press the SC into deciding.
As I've compared before - what would Elon do? what would Trump do? My guess is certainly not nothing.
Most mining companies don't just build plants (that incur capex) prior to full permitting being provided.
- For the same reasons, the mine permit (without being subject to the outcome of the SC appeal) is the last step to finding equity / debt partners
But hindsight is a good thing.
I remain gobsmacked that we are approaching 365 days and Talga aren't making a storm politically and/or in the media. Strange behaviour.
Looks like the couldn't even raise $5M at $0.38.
Hopefully this sends a strong message to management about what will happen if there is further delays and the cash runs out. If no one is raising at $0.38 now, imagine how difficult the next CR will be.
For this reason, I'll heavily limit my downside here - capital preservation is fundamental. If I miss out on upside (that requires untoward risk) that's okay with me.
The untoward risk is a share price in single digits. Glad I trimmed at $0.70.
Elon's company is making great returns on that same capital for me
- Forums
- ASX - By Stock
- TLG
- TLG Chart
TLG Chart, page-3930
-
- There are more pages in this discussion • 276 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TLG (ASX) to my watchlist
(20min delay)
|
|||||
Last
53.0¢ |
Change
-0.050(8.62%) |
Mkt cap ! $227.3M |
Open | High | Low | Value | Volume |
58.0¢ | 59.0¢ | 52.5¢ | $649.3K | 1.180M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 19006 | 53.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
54.0¢ | 34000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 19006 | 0.530 |
2 | 6000 | 0.525 |
4 | 33844 | 0.520 |
3 | 10342 | 0.515 |
1 | 5000 | 0.505 |
Price($) | Vol. | No. |
---|---|---|
0.540 | 34000 | 2 |
0.570 | 58181 | 2 |
0.580 | 97764 | 4 |
0.585 | 17241 | 1 |
0.590 | 900 | 1 |
Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
Featured News
TLG (ASX) Chart |