On the whole I reckon this is a great update.
Things progressing well, and was quite comprehensive in at least touching on some of our other portfolio offerings.
Before the positives - the big thing missing for me was any sort of reference to Talga's recent decision to start pursuing a partnership to deliver a natural/synthetic blended anode product. This is a big change in strategy, that was only announced in the past quarter, and was not mentioned AT ALL in this quarterly update. Even if there wasn't any further progress, even just the fact the company has decided to start pursuing this should have been reported on in the quarterly.
The rest is all pretty golden though
Great to see here that our other product lines are also progressing.
Gotta love comments like this
HOORAY!!!
We can finally put to bed all the bitching and groaning that went on when LKAB decided not to continue the MoU that it was such a disaster for Talga. We have it clearly stated now that there are better financing opportunities available now than were available when the MoU began. This is great news and should mean less dilution for shareholders (and MT of course )
I haven't run the numbers but I believe our current cash balance should see us through until we start seeing some revenue from the EVA plant?
BOOM! Whatever delays we've had, we're still ahead of the pack.
We did some mining, and low-and-behold Sweden didn't explode or descend into anarchy and we weren't evicted from the country. Looks like mining can be done here after all
Permitting is progressing, is not overdue, has not been delayed, and there is zero evidence to suggest it has hit any sort of obstruction or roadblock.
Good to get an update on ship coating, especially after recent HC discussions speculating on it. Does anyone know if we have "Talcoat" trademarked anywhere else?
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- Ann: Quarterly Activities and Cashflow Report 31 December 2021
Ann: Quarterly Activities and Cashflow Report 31 December 2021, page-39
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