TLG 1.38% 53.8¢ talga group ltd

Of course, it is possible, but it would incur a discount. Put...

  1. 79 Posts.
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    Of course, it is possible, but it would incur a discount. Put yourself in the position of battery manufacturer; would you like to sign a contract when the delivery date is not certain. They will only do that against a huge discount AND/OR when they are desperate AND/OR they have government insider information providing them with assurances that the permit will be granted before a certain date.
    In this phase it is all guesswork. Mid 2021 we will know more and we will have a higher MC. But even then we will expect further acceleration and expansion in mining, products and offtakes agreements. Be prepared for some high expectations, frustration and emotions during the coming years. Just stay put and leave the negotiations with the many stakeholders in the capable hands of the Talga board. They will inform us when there is news. AIMHO
 
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