TLG (ASX) Ann: Talga produces Europe's first battery anode

Originally posted by Beach42: ↑

Nouveau Monde Graphite550 Million market cap with permitting and have funding.

Before off take agreement and fundingSyrah Resources was633 Million market capwith mine permitting granted.They will provide11.25ktpaof natural active anode material to Tesla.
Syrah Resources have now securedpermitting,off take agreementandfunding.Valued today at 888Million to produce11.25ktpa Active Anode Material.

I don't expect huge gains with Talga 19ktpa permitting being granted. Main thing it will do is ensure the company value does not go to zero.IF Talga get 19ktpa permitting:
19ktpa permitting granted = 684 Millionmarket cap with Share price of$2.25with 304 Million Shares outstanding.
Off take agreement for 19ktpa expecting1.2 Billionmarket cap with Share Price of$4with 304 Million Shares outstanding.
Funding at 12.5% discounted Share Price. Issue 67 Million new shares at $3.50 to raise 235 million.
$3.50 x 371 Million Shares outstanding =1.3 BillionMarket cap at Share Price of$3.50.

In 2023 we are expecting the permitting approval of the 84ktpa Active Anode Material.This is where will see the big SP increase.But its still very much up in the air if Sweden will approve this underground mine so close to protected rivers and lake under the Natura2000 permitting.
At this stage we don't even know what the status is of the 19ktpa open pit mine approval. Still waiting on the Natura2000 permitting.
So I agree way more risk now, than after the approval of the first mine.

Talga De-risking Company Current Value:
19ktpa Mining Permitting Approval.

Talga next big Share Price movers:
19ktpa Customer Agreement.
84ktpa Feasibility Study.
84ktpa Mining Permitting Approval.
84ktpa Customer Agreement.

Syrah Natural Active Anode Material:
Current Market Cap of 888 Million.
Completed mine permitting, not capped at 19ktpa, with permitting until 2038. Open pit mine with mine life 50 years.
Graphite Mineral Resource of 1,422 Million Tonnes at 10% TGC, Graphite Ore Reserve 108 Million Tonnes at 16% TGC.
Off take agreement for 8ktpa AAM completed.
Funding for 11ktpa facility completed.
Operating Cost per tonne of Active Anode Material $3,109 per tonne.
Natural Active Anode medium price $5,471 per tonne.

So from a risk vs reward standpoint. You risk all your capital if the 19ktpa permitting does not get approved being the first new mine. SP can go to zero if not approved.

If you wait and get in after the first small mine of 19ktpa approval.

There is still heaps of upside.
The customer off take agreement for 19ktpa.
The 84ktpa feasibility study
The mining approval of 84ktpa. The 84ktpa Exploitation permitting application was only submitted in September 2021. The Environmental permit application and Natura2000 permit has not been filed yet for 84ktpa. So still long wait for that permitting approval.
Customer off take agreement for 84ktpa.

Expand

If that was actually your sincere opinion, you would have sold your shares long ago...

No.	Vol.	Price($)
3	35504	40.5¢

No.

Vol.

Price($)

35504

40.5¢

Price($)	Vol.	No.
42.0¢	56911	3

Price($)

Vol.

No.

42.0¢

56911

No.	Vol.	Price($)
2	23899	0.405
3	23200	0.400
1	315	0.395
2	15299	0.390
2	24600	0.385

No.

Vol.

Price($)

23899

0.405

23200

0.400

315

0.395

15299

0.390

24600

0.385

Price($)	Vol.	No.
0.420	45000	2
0.430	55559	3
0.440	1500	1
0.445	25000	1
0.450	78020	5

Price($)

Vol.

No.

0.420

45000

0.430

55559

0.440

1500

0.445

25000

0.450

78020

(20min delay)
Last 41.5¢		Change 0.005(1.22%)		Mkt cap ! $168.1M

Ann: Talga produces Europe's first battery anode, page-99

Bitcoin: Current State of Play & Where to Next | Swyftx

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

Emerald & Azure score Digger & Dealer awards

Revolutionary inverter technology leads the clean energy charge

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Open	High	Low	Value	Volume
42.0¢	42.0¢	40.5¢	$317.8K	773.5K

Ann: Talga produces Europe's first battery anode, page-99

Top Stories

Bitcoin: Current State of Play & Where to Next | Swyftx

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

Emerald & Azure score Digger & Dealer awards

Revolutionary inverter technology leads the clean energy charge

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News