"If it comes to the 30th of Nov and we get an after hours ann with a further extension of the MOU, then Talga is in trouble."
Depends on what you mean by trouble. If you mean that the SP would drop in the short-term, then yes. But, that would just be a buying opportunity for the smart investors. Talga doesn't need a deal in place until Mid February. They can't break ground on the mine or refinery before permits, which aren't expected until Mar-May. Sooner would be nicer, but, in the long-run, it's more important that Talga gets the right deal than the quickest deal. If delaying means we get a better deal, then it will mean a higher SP in the future.
That being said, I currently expect the deal by the end of the month, because I haven't seen anything that makes me think otherwise. At some point in any negotiation, both sides put all their cards on the table and you either make a deal or you don't. They've had months to negotiate so I expect that point has to be soon.
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36.5¢ |
Change
-0.015(3.95%) |
Mkt cap ! $156.5M |
Open | High | Low | Value | Volume |
38.0¢ | 38.0¢ | 36.5¢ | $90.36K | 243.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 59674 | 36.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
37.0¢ | 15530 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 59674 | 0.365 |
16 | 155240 | 0.360 |
3 | 30164 | 0.355 |
12 | 64993 | 0.350 |
1 | 10000 | 0.345 |
Price($) | Vol. | No. |
---|---|---|
0.370 | 15530 | 1 |
0.375 | 3000 | 1 |
0.385 | 20000 | 1 |
0.390 | 65666 | 3 |
0.395 | 40120 | 2 |
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