Some great points there and i agree with your observations. I also believe that, following the Niska scoping study release, some holders have sold down a few shares (particularly after the SP run over the last few months...) primarily as a result of the perception of the large capex number.
Big numbers like this always tend to put thoughts in holders minds about taking profits, at a time when the obvious question is... "How are they going to raise that much???"
And that in itself is a great question. However, I've always been extremely confident that Talga and MT will, rather easily in fact, achieve the funding they need.
A few announcements regarding supply agreements would certainly help confidence in this regard.
Regardless, for me, this period of the next few months will present a fantastic 'third stage' buying opportunity.
As i've stated before, Talga has a great R&D history and has finally, over the last few months, started to receive SP justification of its progress.
And really, the story is only just beginning.....!!!!
GLTAH.
TLG Price at posting:
$1.80 Sentiment: Buy Disclosure: Held
(20min delay)