Australia's largest stock trading and investment forum Australia's #1 stock forum

TLG

Click for more information

2.60%

37.5¢ talga group ltd

Ann: Tripartite LOI Update, page-223

First 223 Last

Share
Profile

Follow
Pharvest

4,394 Posts.

1800

01/12/21

07:40

Post #: 57981577
Share

Originally posted by Beach42: ↑

Big ask for it to go down below $1. Big capital raise was done at $1.45. It could go down to $1.30.
Depends how long before next announcement. The thing is Mitsui is still in. They got heaps of experience with startup deals. They gonna want that 20%, but that's fine. Just make sure you don't pay more than the CR. Don't expect Mitsui to pay more than $1.50 now.

They have done deals before where LKAB was involved. Could be Mitsui is saying we don't need LKAB. Still it would have been more smooth with LKAB on board. Legally Sweden will have to give really good reason to deny the permits. But they can delay it, as they have done. Still thinking they want something in return for this massive resource, can't see them giving it away for free to a Australian company. Just weird the statement we need to go to court in AGM.

We still need a local mining company, so I'm expecting a LOI with another miner. Don't understand why it took a year with no result. Surly we knew early on what LKAB wanted. Maybe MT was expecting a better share price at this stage to negotiate better terms.

Expand

There is nothing weird about them going to the enviromental court in sweden to get a mining permit... who else do they get it from?

TLG Price at posting: $1.48 Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

DEG

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

The winners & losers on market if negative gearing were gone

There are more pages in this discussion • 145 more messages in this thread...

First 223 Last

Add TLG (ASX) to my watchlist

(20min delay)
Last 37.5¢		Change -0.010(2.60%)		Mkt cap ! $170.4M

Open	High	Low	Value	Volume
38.5¢	41.0¢	37.5¢	$756.3K	1.946M

Buyers (Bids)

No.	Vol.	Price($)
1	8801	37.5¢

Sellers (Offers)

Price($)	Vol.	No.
39.0¢	46000	1

View Market Depth

No.	Vol.	Price($)
1	8801	0.375
6	85104	0.370
4	52582	0.365
8	94146	0.360
2	20800	0.355

Price($)	Vol.	No.
0.390	46000	1
0.400	50000	1
0.410	52091	2
0.420	161642	4
0.425	76996	3

Last trade - 16.10pm 27/09/2024 (20 minute delay)

TLG (ASX) Chart