TLG 5.33% 39.5¢ talga group ltd

TLG - Media, page-6067

  1. 410 Posts.
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    "MT is not doing himself a favour by giving out all these MOUs and "maybe" announcements, need concrete deals, enough plans, if it is what Talga says it is, it's time to prove it."

    Business doesn't work like this. Deals can't be forced, because it's convenient for shareholders. And, deals failing to materialize when you want them to, doesn't mean they're any less likely to come in due course.

    We're talking about a massive capital expenditure - likely well over a billion after expansion is taken into account. Deals of this magnitude can get held up over big things (e.g. how the profit/expenses will be divided or how big the project will be) or by small things (like which side of the building the toilet will be located on). Generally speaking, getting the deal right is far more important than getting it done quickly. This is doubly true in this case, because, even if they reached an agreement tomorrow, they can't break ground until they're permitted (so there is no point in rushing).
 
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