TLG 1.41% 70.0¢ talga group ltd

Hi catalyst4and20As you say, a possibility.If management keeps...

  1. 1,284 Posts.
    lightbulb Created with Sketch. 868

    Hi catalyst4and20

    As you say, a possibility.

    If management keeps to its schedule then news on drilling results and the proposed JV with LKAB and Mitsui, progress with the mining permit and anode plant environmental permit application is due in the next month or so. All good stuff and likely to have a positive effect on the SP.

    I am not expected a flood of good news to get the company into production in 2022. Reading between the lines, Mark has made it clear he is building the business one brick at a time while keeping all stakeholders on side. If and when the mining permit for 19k comes through, and my guess is we're looking at March or thereabouts next year, the market will take Talga a lot more seriously.

    If Talga gets approval to mine, the okay for the anode plant and a tick for expansion to 100k of anode annually then in my view we are looking at a very bright future.

    I had thought this year would be the breakrhrough year but now I'm getting the impression it will be 2022.



 
watchlist Created with Sketch. Add TLG (ASX) to my watchlist
(20min delay)
Last
70.0¢
Change
-0.010(1.41%)
Mkt cap ! $265.8M
Open High Low Value Volume
71.0¢ 72.0¢ 69.5¢ $189.6K 269.1K

Buyers (Bids)

No. Vol. Price($)
1 19999 70.0¢
 

Sellers (Offers)

Price($) Vol. No.
70.5¢ 1000 1
View Market Depth
Last trade - 16.10pm 30/04/2024 (20 minute delay) ?
Last
70.0¢
  Change
-0.010 ( 0.71 %)
Open High Low Volume
70.0¢ 72.0¢ 69.5¢ 61109
Last updated 15.55pm 30/04/2024 ?
TLG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.