A Leap of Faith

Please bear with me. Just a thought bubble of mine for long-term holders and other share holders who have confidence in Talga and their products. Happy to be told this is completely off track and is a load of bollo*&s

Loyalty Options

Up to 55,215,356 New Options could be issued under the Loyalty Offer if all the existing Options and Performance Rights are exercised raising a maximum of $29,478,064 (before costs).

If the company were forced to raise these same funds using a new CR it could mean a 100 million share dilution (nearly 25%) and keeping the share price down for some time to come.

This dilution would be far worse for the faithful long-time holders who really believe in the company, like myself.

Loyalty options as part of the CR were a terrific idea and probably designed to prevent further CRs in case of unexpected further delays. We know what has happened since and we are all aware that further delays will make another CR inevitable and that time is running out. This is what those despicable shorters are waiting for and we can expect the down ramping to start increasing soon.

There was a thread created by @BA125 last September called 'Collective Number of Shares' where holders revealed their sizeable holdings. If everyone who participated in that thread would consider exercising the options available to them (currently at a slight loss compared to the market) it could provide funds to the company and possibly delay a CR in the hope that everything comes into fruition before the funds run out again. Obviously it would be far better if the institutional investors, the company board and employees would also participate as they would also benefit long term by not being exposed to the extra dilution but this is very unlikely.

For those that can afford to, buy as many options as you have been allocated or can afford. Exercising the options below purchase price of 55 cents if necessary and possible. This may be a very slight loss now, but will recoup the losses in the long term and the money will go to the company now and delay the shorting.

We all know the angst that happens when shorters start deploying their despicable methods. To me it already looks suspiciously like the price is being ‘kept’ below the offer price, maybe in the hope that the loyalty options won’t be exercised and the company is forced into a CR. Just me being cynical!

It would help somewhat if Talga resumed the Webinars. The webinars could also be used for a quick intro to members of staff and what they are currently working on.

I appreciate there is probably little that could have been done with the appeals but we'd all like to know what is happening in the field, in the offices, in the labs, and the refinery etc, with the various products, just to know that people aren't sitting on their hands waiting for the approvals to come whilst the last CR funds disappear (which I honestly don’t believe is the case). So if anyone from Talga reads this please pass this on to Mark. We'd feel much more amenable to purchasing at a slight loss if we know what is happening in the background.

We are really interested and I’m sure we’d all be more inclined to exercise the options at less than 55c!

Do we all sit back and do nothing whilst the low-life shorters put pressure on holders and force some to sell reluctantly so that they take their stake.

Hopefully the approvals and funding will come in time and this is an irrelevant thread.

All my crazy opinions and not financial advice!

If I'm completely off track, this is illegal or just nonsense ... my apologies for wasting your time.