I don’t believe there will be a cap raise to retail, not at the current market cap.. Who have we in our corner at this point?
The European Investment Bank
The Nordic Investment Bank
The Swedish Export Credit Agency
Mercedes Benz
Stellantis
Freyr
Long Time Technology …. and many more we don’t ’officially’ know about. We have a MD who has continuously said he will avoid dilution at all costs. All the above companies know the crunch is on and the banks I believe have a mandate to back a project like Talga’s. This gives Mark a lot of scope to get the project up and running and well on the way full production before the need to raise capital from retail.. and it wouldn’t surprise me if there never is the need.
I don’t believe there will be a cap raise to retail, not at the...
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Last
60.5¢ |
Change
-0.015(2.42%) |
Mkt cap ! $229.7M | |||
| Open | High | Low | Value | Volume |
| 61.5¢ | 63.0¢ | 60.0¢ | $104.1K | 170.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 166820 | 60.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.5¢ | 9372 | 5 |
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| Last trade - 10.56am 26/06/2024 (20 minute delay) ? |
| TLG (ASX) Chart |