TLG 15.8% 66.0¢ talga group ltd

The date I remember was originall Q2 2022 for permitting. Sadly...

  1. 268 Posts.
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    The date I remember was originall Q2 2022 for permitting. Sadly it was just a permitting update. As I stated earlier, the permitting being pushed back to Q4 2022 means that funding cannot occur before that point. The EU cannot supply money to talga until Sweden gives the green light. In the grand scheme of things, its just 6 months. No big deal.

    We have been saying "its just 6 months" several times now in the last year or so, but incremental progress is being made. It is no longer ambiguous. We will get a court hearing This Year.

    I do worry somewhat about the finances of Talga, if we will need to dilute shares. I really hope MT can keep a lean ship for one more year. Alternatively if Mitsui or some other non-dilutive financial arrangement can be made, that would be great. Regardless of my worries, however, I am certain we will make it through. Talga has the highest ore grade in the world, and it is easily accessible. The bureaucracy will be resolved.


 
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