TLG 0.88% 56.0¢ talga group ltd

Two thoughts:1. MT had to raise capital when prices were junk,...

  1. 268 Posts.
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    Two thoughts:
    1. MT had to raise capital when prices were junk, so he asked for a bare minimum, which would hopefully get us to permit day 23 Feb 2023.
    2. MT became aware that it would take an additional 6-8 weeks for the verdict/conditions to be rendered. But at least the market appreciated; 1.55 is much better than 1.10.

    I would have thought MT would have had a couple of beers with someone from the mining inspectorate, and get a realistic timeline. Seems like he has literally been taking the permitting folks at face value, assuming that every next step would lead to permits. First it was July 2022. Then it was November. Then it was February 2023. Now its April 2023. Whatever, it is what it is, im here for the long haul. Could have been an easier path though.
    Last edited by helmdacil: 21/02/23
 
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