I note the announcement got a fair few thumbs up…I was hoping to be uplifted by it but actually feel slightly more pessimistic. Talkof underground operations = costs and time no two ways about it. Going off therecent reaction/ share price action it looks like others feel the same.
I’lladmit I’m not highly researched in Talga – but I do like their marketpositioning and timing for the Open pit side of things and their product but the delays in approvals are obviously a drag but yeh, just feel this announcement (attention seeking noise)feels somewhat... not desperate more ominous. I’ll wait a little longer before averagingdown (again). My 2 cents.
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