Lets start talking Talga's Cash burn with the dates getting longer and longer into the future. It has 5.78 Q left of cash which seems plenty on the face of it. Last time it went down to 2 Q then captial raised. So it has 3 quarters max left. If the court appeals drag on we could be looking at October or later before decisions, which then Talga may want to appeal against.
Looking at his presentation again, after taking those rose petal glasses off, I can see why some people dumped and ran to wait to get back in again nearer mid June. With nothing going to happen until another 4 weeks.
Lets start talking Talga's Cash burn with the dates getting...
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