The company has progressed in the mine project. There are multiple advances on additional money lines; aero, recycling graphite. There is plenty of progress.
But if you ask me today, looking into the next 6 months, is the Cash Position fundamentally different than it was in 2023, when I was asking myself if Talga would be compelled to raise funds or not; I will say no. There is no certainty. There is no cash flow from operations, and it will have any certainty of cash appearing in the next 6 months other than by a capital raise.
Talga is guaranteed to occur. The project will be a success. I have no doubt about that. However, the share price in the next 6 months, I have zero confidence in my ability to predict.
TLG Price at posting:
44.0¢ Sentiment: Hold Disclosure: Held
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