TLG 2.17% 45.0¢ talga group ltd

Ann: Talga and SQM enter lithium partnership agreement in Sweden, page-2

  1. 673 Posts.
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    This is way beyond my expectations for the lithium tenement.

    Talga get a free hit on this with no need to fund drilling (SQM funding US$19m), and retain 30% of something worth between $0 and $10bn (according to MT)


    Reminder of the last time SQM showed interest at in the rock chips of an asx listed company and chucked $20m at it :
    https://hotcopper.com.au/data/attachments/6260/6260416-8edebbd56651f144ffc836a4806bf1c3.jpg



    a few months later….

    https://hotcopper.com.au/data/attachments/6260/6260419-4130623803b0619e0e69d59750bcf2b4.jpg
 
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