TLG 0.87% 57.0¢ talga group ltd

Ann: Tripartite LOI Update, page-251

  1. 517 Posts.
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    WTM

    Apology accepted.

    I have rarely met someone so across her subject in such a short time, even more so with a dynamic company like TLG where the goal posts are constantly shifting so it pays to think ahead. The pitch, in this case the ground that TLG holds, has not changed, it is still there and the extent of the deposit continues to grow as per the most recent drilling report. Allow me to spell it out 20% higher grade @ 30%, 50 meters wide and open at depth and along strike! The depth of the IP also pretty much locks up the value of the deposit. A player at the table just folded their hand, TLG still holds many of the important cards, with some it requires still in the deck to be picked up. TLG could mine Nunasvaara South open pit until the end of the decade at a rate to achieve 100,000 tons graphitic material before it even needs to go underground.
 
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