TLG 0.00% 56.0¢ talga group ltd

Ann: Vittangi Expansion Interim Scoping Study - Clarification, page-10

  1. 180 Posts.
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    Since I've had no abusive replies to this posting let me extend the analysis 1 step further.

    The JORC analysis allows Talga to claim a block of graphite at Nunasvaara South that will provide 0.6 Mtpa for 9 years.

    But the EU has maybe asked Talga to provide 2Mtpa. How many mines and what is their life ? JORC says

    Nunasvarra South may well extend at least 1 more block to the north and to the south.

    These 3 blocks could go at least 1 block deeper giving Talga 6 times larger than JORC will allow Talga to admit to.

    That gives Nunasvaara South mined at 2Mtpa a mine life of 6 x 9 X 0.6 / 2 = 16 years

    Talga is likely to be a 1 mine company for the next 16 years and closing with Sweden's graphite resource still largely intact.

    MT would be wise to keep that secret under his hat for a while longer.


 
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