You have highlighted the risks which are consistently raised through this forum. EG All permits need approval as well as JV financing. Assuming these are approved. The 19.5Kpa of anode will deliver around $170M in operating profit as per the DFS. If we use a very conservative P/E ratio of 10 times. This values TLG at $1.7B USD. Which is around 4.5 x the current share price EG $6.70. When the expansion approvals are through for 100Kpa this should value the stock around $30.00. Anything below $2 is dirt cheap. If you don't think permits will be approved or finance can't be brokered don't buy.
IMO $1.50 is an absolute bargain.
You have highlighted the risks which are consistently raised...
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Last
55.5¢ |
Change
0.010(1.83%) |
Mkt cap ! $210.7M | |||
| Open | High | Low | Value | Volume |
| 54.0¢ | 56.5¢ | 53.8¢ | $187.9K | 340.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 83393 | 55.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 56.5¢ | 34125 | 3 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| TLG (ASX) Chart |