TLG 15.8% 66.0¢ talga group ltd

Great announcement today. This well and truly signifies that...

  1. 913 Posts.
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    Great announcement today. This well and truly signifies that Talga are full steam ahead with VIttangi and are planning for the Niska expansion.

    Clearly Talga and ABB are confident that Vittangi is going ahead as they begin work on the FEED and are intending to execute a binding agreement for construction and operations in June next year. The FEED is the most critical step in project preparation and is for detailed planning before a fix bid quote is submitted.

    The expanded MoU is also for the Niska expansion and submission of the environmental permits mid next year as Talga plan the underground mining operations.

    The strengthening and advancement of this partnership instills me with great confidence that we are very very close to the JV being executed. As we know the project partners and customers are all in advanced negotiations. Is it possible ABB and Talga have been given the node to move forward and start preparing for construction and operations, as well as scale up?
 
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