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

TLG

Click for more information

5.32%

44.5¢ talga group ltd

TLG - Media, page-8516

First 8516 Last

Share
Profile

Follow
cat dog

915 Posts.

925

23/12/21

10:14

Post #: 58479569
Share
Originally posted by sithas22: ↑

Couple thoughts on this:

Note the off-take is for active anode material, which is why Syrah doesn't need to be qualified first. This product will sell at lower margins than a final anode product (like TLG or NMG) but should still be very profitable.

If Tesla is signing off take for concentrate, it means they're getting into the anode refinement business (spheriodization and coating). This isn't all that surprising given they're also getting into the lithium refining space.

The fact that Tesla is getting into refining is not a threat to Talga. First, Tesla currently produces their own cells and purchases cells from other companies (e.g. CATL), so there's no reason to believe they won't do the same with lithium/graphite. Second, the pending graphite shortage likely means Tesla won't be able to make enough anode even if they wanted to. Third, all of the other battery manufacturers (which is the majority of the market) will still be 100% reliant on end anode producers. Fourth, Vittangi provides a superior base material - meaning even Tesla will not be able to beat Talga on quality or cost.

Expand

Looks like their AAM is a coated finished product to me.
TLG Price at posting: $1.46 Sentiment: Buy Disclosure: Held
8 Upvote

0 Great analysis

Reply

Top Stories

ASX Market Open: Winning Wall Street, RBA minutes to keep local bourse flat | November 19, 2024

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

US election outcomes: Key economic and market takeaways

Quit before you're fired: Russia bans uranium exports to USA, duplicating extant US ban

There are more pages in this discussion • 8,472 more messages in this thread...

First 8516 Last

Add TLG (ASX) to my watchlist

(20min delay)
Last 44.5¢		Change -0.025(5.32%)		Mkt cap ! $190.9M

Open	High	Low	Value	Volume
46.5¢	50.0¢	44.0¢	$558.2K	1.190M

Buyers (Bids)

No.	Vol.	Price($)
2	71999	44.5¢

Sellers (Offers)

Price($)	Vol.	No.
46.0¢	694	1

View Market Depth

No.	Vol.	Price($)
2	71999	0.445
1	6016	0.440
7	52248	0.435
3	17016	0.430
1	6016	0.425

Price($)	Vol.	No.
0.460	694	1
0.470	20000	1
0.475	1225	1
0.480	30000	2
0.490	3090	1

Last trade - 16.10pm 18/11/2024 (20 minute delay)

TLG (ASX) Chart