I hope next week sees us getting some positive news. Looking at the 5-year chart, it is hard to believe that TLG's SP started its recent decline 18 months ago, when it went below $1, after spending a couple of years always north of ~$1.10 (support ?). So probably many holders are now sitting in the red with a >50% destruction of their initial capital. I can hardly believe its actually been 18 months, time flies. Much the same thing has happened to BKT, except their SP has declined from 3 years ago, with holders now sitting on a ~90% loss of capital. I'm not sure that BKT will be able to raise any further capital from shareholders given the SP is now so low, and I think TLG could get into the same difficulty if the SP here goes any lower. TLG needs to get going building that anode plant as a matter or urgency.
All IMHO, DYOR
TLG Price at posting:
40.5¢ Sentiment: Buy Disclosure: Held
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