Semmel
Clearly the delay is not welcome, but it appears to me that rather than the industry waiting for TLG it is TLG waiting for the industry to formally commit. I suspect some of the capex increase is to meet certain industry issues, specifically volume. The volume required can not be offered in the context of potential targets or even inferred resources for the level of assurance of a DFS, or even a PFS. This is why Niska has so far only been a scoping study. The images that are slowly trickling out under confidentiality agreements no longer represent bench top demonstrations or even small scale batch production, they are much more significant invoking purpose built volume machinery alluded to in the DFS.
I also suspect that the myriad lockdowns here, there and everywhere have impeded expedient progress. I also read the innovative way this small cap company has trodden the tricky road of engagement with indigenous people in the area. Two steps forward, one step back, reassess and think of possible solutions, specifically underground mining at Niska and seasonal mining at Vitangi, when the reindeer are out of town.
- Forums
- ASX - By Stock
- TLG
- Ann: Robust DFS Paves Way For Talga Battery Anode Project
Ann: Robust DFS Paves Way For Talga Battery Anode Project, page-251
-
- There are more pages in this discussion • 163 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TLG (ASX) to my watchlist
|
|||||
Last
43.5¢ |
Change
-0.005(1.14%) |
Mkt cap ! $165.3M |
Open | High | Low | Value | Volume |
44.0¢ | 45.0¢ | 42.3¢ | $430.4K | 984.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 30695 | 43.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
44.0¢ | 2272 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 30695 | 0.435 |
2 | 57863 | 0.430 |
4 | 28882 | 0.425 |
5 | 27834 | 0.420 |
8 | 73244 | 0.415 |
Price($) | Vol. | No. |
---|---|---|
0.440 | 2272 | 1 |
0.455 | 65500 | 2 |
0.460 | 20941 | 3 |
0.465 | 53333 | 2 |
0.470 | 4618 | 3 |
Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
Featured News
TLG (ASX) Chart |
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, CEO
Paul Long
CEO
Previous Video
Next Video
SPONSORED BY The Market Online