I expect 200 million to come from the EU, and I expect the rest to come from mitsui. Other people bring the money, and Talga/MT bring:
1. ownership,
2. 10 years of developing the asset (time = money fellas),
3. permit
4. intellectual property
5. skilled labor
A de-risked asset shoots up the share price to 5 or so AUD/share, and into the SP raise there MIGHT be a dilution event if Talga needs further cash to last until 2026.
Why would anyone in their right mind CR before de-risking the project? On the same order of concern as "why would anyone pay 15x price for something they can purchase at 1x today? Pants on head retarded.
I expect 200 million to come from the EU, and I expect the rest...
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Last
66.0¢ |
Change
0.090(15.8%) |
Mkt cap ! $250.6M | |||
| Open | High | Low | Value | Volume |
| 58.5¢ | 66.5¢ | 58.5¢ | $1.315M | 2.104M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4903 | 64.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 66.5¢ | 10000 | 1 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| TLG (ASX) Chart |