TLG 5.17% 61.0¢ talga group ltd

Ann: Interim Scoping Study Report shows expansion potential, page-70

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 6,805 Posts.
    lightbulb Created with Sketch. 2567
    Just to put the recent expansion scoping study into context, I was reading the last preso from BKT describing their graphite mine in Africa. They claim they have the 2nd largest graphite reserve globally (213mt @ 7.8%). They propose to produce 347ktpa of graphite concentrate, of which 30% is fines suitable for refining to battery anode (by Posco), so all up about ~100ktpa of final anode product. This is roughly comparible to Talga's smallest expansion plan (0.6Mt of ore producing ~127ktpa anode). Note in our scoping study, TLG's cut-off grade is 15%Cg, or about twice that of the BKT ore ! So even large mines like BKT will probably not be able to compete with TLG in terms of tonnage of anode in production, especially if either of the 1.0Mtpa or 2.0Mtpa scenarios proposed by TLG are implemented.

    All IMHO, DYOR

 
watchlist Created with Sketch. Add TLG (ASX) to my watchlist
(20min delay)
Last
61.0¢
Change
0.030(5.17%)
Mkt cap ! $261.6M
Open High Low Value Volume
58.0¢ 64.0¢ 57.0¢ $2.050M 3.422M

Buyers (Bids)

No. Vol. Price($)
2 50903 60.0¢
 

Sellers (Offers)

Price($) Vol. No.
61.0¢ 29998 1
View Market Depth
Last trade - 16.10pm 01/11/2024 (20 minute delay) ?
TLG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.