Interesting, I see the risk as the other way around, but reward...

Interesting, I see the risk as the other way around, but reward also. I think ITM can rapidly be multiples from here, but is still essentially an explorer (noting great met work). TLG will grind its way north after permits are sorted.

TLG just got €150m Euro loan approved from the EIB. They need to find about the same again. It will find this easily imo. It’s Sweden, in the EU (green deal carbon taxes for imports) during the EV revolution. They have engaged with about 80 potential customers. Customers waiting to sign include ACC (Mercedes). Tesla were also mentioned for the first time recently. They may need another CR as part of any funding plan.

Sorry this post has ended up a bit TLG centric. But I was just very interested in the risk comment. As I said earlier I hold both. Good news is I think both are great prospect with good management and both can succeed. TLG will largely have EU customers, ITM TBC!