re: Ann: Update on Talga's Nunasvaara Hig... The big thing for me is that Talga are ahead of their peers in terms of speed to market. Management have told us a resource upgrade is on its way and a substantial one at that. I have also heard they have a MOU with a logistics company and port in Sweden. All in all, these boys know what they are up to and look at the MC versus something like SYR. Bonkers!
Also, I wouldn't be surprised to see a farm out on non graphite interests or a JV. Lots of potential here as well.
So, in answer to your question, I think the above can justify 50c plus this year. 2013 onwards? No idea! For me this is a free carry job and get out (hopefully) because no one really knows what will happen with the graphite market.
Ann: Update on Talga's Nunasvaara High Grade , page-6
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Last
37.5¢ |
Change
-0.005(1.32%) |
Mkt cap ! $162.9M | |||
| Open | High | Low | Value | Volume |
| 38.0¢ | 38.0¢ | 37.3¢ | $95.71K | 254.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 88131 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 65471 | 9 |
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| Last trade - 15.19pm 11/10/2024 (20 minute delay) ? |
| TLG (ASX) Chart |