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40.0¢ talga group ltd

Ann: Vittangi Anode Project DFS Timing Update, page-239

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Labrecque52

2,679 Posts.

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26/03/21

13:17

Post #: 52065471
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Originally posted by sithas22: ↑

"Because the biggest risk in this whole set up is Mark Thompson. If he gets hits by a bus TLG goes to 10 cents."

I'm not so sure of this.

Europe's battery factories are staring down the barrel of a raw material shortage right as their emission legislation is about to kick in and punish autos that don't transition to EVs. Where are they going to get their anode without tapping the best graphite resource (by an order of magnitude) on the continent? China? China is expensive and comes with high emissions (which autos will be taxed for under E.U. law), not to mention the E.U. has set goals to secure non-chinese supply chains for strategic resources due to concerns over worsening relations with China and the potential for the Chinese to use export controls as leverage against the E.U.

If MT bit the dust tomorrow, it doesn't change the macroeconomics of the project. Obviously the share price would tumble, but I'm not convinced it would torpedo the company. The desperate need for cheap, environmentally-friendly, anode that can be delivered at mass scale by 2025 is a powerful driving force here.

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Exactly, that's why there is a Board of Directors.....these people know better saying this shit, exactly why they're saying it. Mark Thompson will be just fine.

TLG Price at posting: $1.26 Sentiment: Hold Disclosure: Held
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