TLG 3.49% 41.5¢ talga group ltd

Talga DFS / JV

  1. 234 Posts.
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    So what are our predictions on when the DFS will be released and time lines on further announcements such as JV's?. I'm predicting next week for DFS but ?? on JV's? DFS is due by end of June and LOI signed in Nov 2020 between Mitsu / LKAB and Talga stated by 30th June 2021 (or as mutually agreed):

    "Under the LOI the parties have the non-exclusive right to negotiate and enter bindingco-development agreements with Talga by 30 June 2021, or as mutually agreed."

    They couldn't possible do an eleventh hour delay again on DFS or we would know by now but be interesting to see if they push the Mitsu / LKAB part out a few months OR that was just waiting on DFS and ready to roll.

    Anyway you look at it major 'step change' 1-2 months ahead for Talga.
 
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