TLG 0.87% 57.0¢ talga group ltd

Ann: Anode project development and funding advances, page-21

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    Letter of interest? Not a Memorandum of Understanding agreement like the one Talga already have with Mitsui? Finance is not ontrack until we have permitting to mine granted. This is waist of time. Until we get mine approval nothing can proceed. No financing and no offtake agreement. Why do you want to secure financing at the current SP. You need to raise capital after the binding off take agreement with a customer. Then you secure funding when the SP is higher. This announcement is just showing something is happening for the market.
 
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