TLG 2.13% 46.0¢ talga group ltd

I don't understand the drive to keep expanding the resource. It...

  1. 2,140 Posts.
    lightbulb Created with Sketch. 155
    I don't understand the drive to keep expanding the resource. It just look like a SP announcements.

    Talga has only been given permission to mine a total of 35,000 tonnes of graphite ore with its two trial mines since 2015. Talga still need permitting to open the mine. Keep expanding the resource does not help at this stage. Who knows how much Sweden will actually allow Talga to mine in the end anyway.

    MT probably feels like he needs to do something and release something to the market. Would be better if we could get more detail on the permitting progress or some test results from Battery Manufactures. That would be awesome. Would be nice to find out how good Talga anodes are with customer test results.
 
watchlist Created with Sketch. Add TLG (ASX) to my watchlist
(20min delay)
Last
46.0¢
Change
-0.010(2.13%)
Mkt cap ! $197.2M
Open High Low Value Volume
45.0¢ 47.0¢ 44.5¢ $466.4K 1.023M

Buyers (Bids)

No. Vol. Price($)
1 5069 45.5¢
 

Sellers (Offers)

Price($) Vol. No.
46.5¢ 52617 1
View Market Depth
Last trade - 16.10pm 12/09/2024 (20 minute delay) ?
TLG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.