TLG 1.80% 54.5¢ talga group ltd

Ann: Drill results to upgrade Europe's largest graphite resource, page-48

  1. 227 Posts.
    lightbulb Created with Sketch. 86
    Point of interest from the announcement:

    Information received from completed geotechnical and water bore drilling will be compiled and used to
    optimise aspects of the Nunasvaara South DFS mining plan over the first few years of operation.


    As I have shown previously, average graphite content of the Nunasvaara South deposit (first mine location) appears to be a few percentage points higher than originally thought, potentially driving up the annual anode output from 100 kt ore mined from 19.5 kt to 22ish kt/a on average.

    However, with detailed knowledge of the location of deposits with the highest mineralization, Talga can choose to attack those deposits first to maximize their initial output on the existing mining permit. So it may be possible for Talga to produce 25-30 kt/a anode in the first years already until the expansion permit for Niska is granted and the next mine is established.
    Last edited by Affenhorst: 03/03/22
 
watchlist Created with Sketch. Add TLG (ASX) to my watchlist
(20min delay)
Last
54.5¢
Change
-0.010(1.80%)
Mkt cap ! $206.9M
Open High Low Value Volume
56.0¢ 56.3¢ 53.0¢ $707.1K 1.299M

Buyers (Bids)

No. Vol. Price($)
1 20954 54.0¢
 

Sellers (Offers)

Price($) Vol. No.
54.5¢ 4905 1
View Market Depth
Last trade - 16.10pm 11/07/2024 (20 minute delay) ?
TLG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.