My understanding was 120000 tpa over the life (5y) but MT said that there is no mechanism which prescribes the exact amount per year which enables flexibility (e.g nothing stopping Talga from having a projection that looks like this 40000 yr 1 , 40000 yr 2 , 20000 yr 3 , 10000 yr 4 , 10000 yr 5 etc ) . I presume this will be mostly determined by the off-takes that Talga end up signing (‘shortly’ ACC).
Add the niska expansion , add the recent changes to the legislation which come into effect in March 23 to fastrack permitting and it’s all a bit of a crystal ball at the moment …
TLG Price at posting:
$1.77 Sentiment: Hold Disclosure: Held
