TLG 2.13% 46.0¢ talga group ltd

Ann: $10m Institutional Placement, page-16

  1. 234 Posts.
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    My understanding is Talga already had the mining data to support the 19k p/a study. The line today "Expansion, infill and geotechnical drilling to better define the ultimate tonnage potential of the overall Vittangi graphite project and support mine planning" leads me to think they are on the hunt for supporting data for the 100k p/a production data. How much of the 10M is funding the original DFS and how much is directed towards DFS Ver2.

    Talga has always played the long game and I am a very big fan of that, but are we now stretching too far? I'm keen to see what they forum thinks.
 
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