Takeovers Panel - Nido Petroleum, page-6323

  1. 15,285 Posts.
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    Not really,

    you need to read through all of their announcements for a few years, they are yet to deliver on one collaboration agreement.

    TLG have a similar business plan to EGR, where EGR has already obtained its mining approval in Tanzania and has its funding package ready for approval with the Government of Tanzania,

    Their second project is a purification of flake graphite, which is suitable for lithium-ion batteries, (it has worked on 9 out of 11 different sources) and can be used to recycle black mass (recycled Graphite from lithium-ion batteries, They have a non-binding offtake with Thyssenkrupp for 10,000tpa (50% of planned production), funding being advanced with the AU Government, and their MC is 5x less than TLG who are yet to gain a mining permit or secure one offtake for their planned production.




 
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