TLG 3.81% 50.5¢ talga group ltd

Nice run to start the year, hopefully hold at this level until...

  1. 298 Posts.
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    Nice run to start the year, hopefully hold at this level until more significant updates.

    Believe quarterlies due Friday - will be interesting to see the language around commercials.

    Back end of last year had some positive news and indicators.

    - Stephen Lowe topping up 100K: http://www.talgaresources.com/irm/PDF/1906_0/ChangeofDirectorsInterestNotice

    - Increase in conversion rates from 2% in scoping study to ~76%, which really is a fundamental change in the companies potenital commercial capacity.

    - Heaving hitting support with Smedvig joining and quality recruiting with the appointment of Martin Phillips to lead European operations: https://goo.gl/Xm9Lbv

    - MT forecasting massive re-rate this year:
    and very suggestive encouragement to ("Watch this Space!") in a preso re commercial developments.

    Most only really caring about commercial traction at this point but worth resurfacing as the de-risking continues, hopefully a matter of time now..
 
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