TLG 2.13% 46.0¢ talga group ltd

200 to 500 word TLG pitch, page-75

  1. 913 Posts.
    lightbulb Created with Sketch. 918
    They released a bankable feasibility study in December 2020 - http://www.syrahresources.com.au/investors/downloads/832

    It's very low on detail compared to Talga's DFS. 7 pages v 68 pages.

    They are planning 10ktpa with potential upgrade to 40ktpa. Interestingly their 40ktpa has capex of $477 million (Talga are $484 million for 19ktpa). I have been thinking Talga are planning for more than 19ktpa and are just waiting for the initial drilling results at depth (which are due this quarter) before they can officialy confirm the expansion due to JORC rules. Not sure if that's possible though as they have said the DFS can't change.

    https://hotcopper.com.au/data/attachments/3724/3724036-b30525c05b2146d537180900de56075a.jpg
    https://hotcopper.com.au/data/attachments/3724/3724038-2e5934384427f530cde3000fc0a1c13f.jpg



    Last edited by cat dog: 25/10/21
 
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