I've never had any doubts TLG will get approval and financing. However they don't expect to be mining until 2030 which is interesting. They'd just starting the earthworks for their 19.5kt AAM plant before winter shut them down. They claim Mark said they have 5kt of graphite in their big shed somewhere. My guess is they have between 2-4kt of recoverable graphite which can be used to make AAM.
5kt isn't much for a 19.5ktpa AAM plant let alone 2-4kt. TLG won't have any meaningful revenue until 2030 at the earliest. Until then, they'll be burning cash
I've never had any doubts TLG will get approval and financing....
-
- There are more pages in this discussion • 141 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SYR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
22.5¢ |
Change
0.005(2.27%) |
Mkt cap ! $227.6M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.5¢ | 21.8¢ | $312.3K | 1.418M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 288253 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 355515 | 34 |
View Market Depth
| Last trade - 11.05am 03/09/2024 (20 minute delay) ? |
| SYR (ASX) Chart |