TLG 0.00% 43.0¢ talga group ltd

Ann: Talga Presentation - Macquarie Group Critical Minerals Forum, page-12

  1. 410 Posts.
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    Ahh, good find. Appears my 170t/3m was wildly optimistic. $2.4M still a decent take. Increases the money available by 10.2%.

    Looking at the difference between the 29 Apr Quarterly ($22M) and this 28 Jun presentation ($20M), it appears Talga has spent $2M in 2 months. At that rate ($1M/month), TLG could last almost 2 years with the additional income from the EVA plant. So, I'm inclined to think we're okay. Inflation and unknown expenses always an x-factor. Also, expenses may be higher in Q3/Q4 with the trial mine being re-opened.
 
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