re: Ann: Update on Talga's Nunasvaara Hig... The big thing for me is that Talga are ahead of their peers in terms of speed to market. Management have told us a resource upgrade is on its way and a substantial one at that. I have also heard they have a MOU with a logistics company and port in Sweden. All in all, these boys know what they are up to and look at the MC versus something like SYR. Bonkers!
Also, I wouldn't be surprised to see a farm out on non graphite interests or a JV. Lots of potential here as well.
So, in answer to your question, I think the above can justify 50c plus this year. 2013 onwards? No idea! For me this is a free carry job and get out (hopefully) because no one really knows what will happen with the graphite market.
Ann: Update on Talga's Nunasvaara High Grade , page-6
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Last
43.8¢ |
Change
0.008(1.74%) |
Mkt cap ! $158.6M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 44.0¢ | 40.8¢ | $253.1K | 591.8K |
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| No. | Vol. | Price($) |
|---|---|---|
| 7 | 35009 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 34257 | 8 |
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