I had a good laugh when I saw their two ripper posts this morning.
"16 pages worth of jargon, all summed up comes to the conclusion that "We are doing our job"."
Really? They just increased the previous resource target by 5x. This is a 10 x increase in the current Vittangi resources (19.5mt @ 24%) when drilled and confirmed.
"we'll be drilling holes for the next 12-18 months. By drilling holes and collecting enough samples we won't need any permits."
Talga already have the indicated resources to scale to 100ktpa. They have released a DFS for 19Ktpa with a JV under negotiation and permits expected to be concluded early next year. They will be submitting the permits for the 100ktpa anode this quarter and have released a PFS with full scale up plans to follow soon. As MT said - "watch this space".
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