TLG 3.95% 36.5¢ talga group ltd

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-47

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  1. 1,861 Posts.
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    So strategic projects will be names at the earliest by December 2024, which is still 7 months away.
    This would seem far too long for the SC to continue sitting on the decision - if it was a month or two then perhaps this would be plausible.
    My guess is we will get a result in the next 2-3 months, perhaps sooner now that Talga have lodged a "please hurry up" submission.
    Talga is so far along the permitting process anyway that I don't really see this new legislation being relevant now. Essentially they are already permitted, just the minor issue of these appeals being quashed and they are off.
    This new legislation is aimed at reducing permit approval times for new mines to a maximum of 27 months - not simply guaranteeing that the get an instant unconditional approval.
    I can't see how that would be of any benefit to Talga in its advanced stage now.
 
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