TLG 0.00% 42.0¢ talga group ltd

Well its a bit of a gamble to burn through all your cash when...

  1. 2,140 Posts.
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    Well its a bit of a gamble to burn through all your cash when the small mine of only 100,000 tonnes of graphite ore per year is not approved yet. Its like building the rest of the house before the foundations are in place. If we could only get one committed customer. That would speed up the permitting process. Like the second plant expense. Why not just use the plant in Germany. Build a second plant before you have a customer or permitting? Guess you fake it until you make it. Drilling for africa and spending more money. When getting it all approved to be mined will take 10 years. If Sweden allows you to mine it all. Customer dont want to see drill results on potential mines. They want to know what can you guarantee you can mine. The 2 are miles apart. Customer want to lock in long term supply, not we hope Sweden will play ball that we can mine 60 Million Tonnes.
    Last edited by Beach42: 06/07/22
 
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