TLG 3.55% 68.0¢ talga group ltd

My belief are investors are getting fed up with the delays, the...

  1. 307 Posts.
    lightbulb Created with Sketch. 87

    My belief are investors are getting fed up with the delays, the opportunity cost of these delays has had on long term share holders is significant. However there is no other way we are dealing with the laws, bureaucracy & environment of a developed country.

    Once we have jumped though all the hoops we will have the right to mine & produce the greenest anode in the world. Talga will be a stakeholder the licenses and permits will not be able to be taken away. I am beyond frustrated with this process myself.

    If this is what Talga has to go through think about that potential Chinese plant making synthetic anode, as it’s a power intensive process, owned by the Chinese who already have a monopoly on anode production, it is a dirtier business and will be a greater polluter. If they can get it going and it’s a pretty big IF they will produce 100k ton, TLG will produce 100k ton that still leaves an estimated 1.1m ton short fall.

    I do not think the zinc/ mercury are sufficient to cause an issue in itself considering the quantities already released. I am sure there will be a reasonable solution reached.


    The glacial speeds of the permitting process will all very soon be behind us.
 
watchlist Created with Sketch. Add TLG (ASX) to my watchlist
(20min delay)
Last
68.0¢
Change
-0.025(3.55%)
Mkt cap ! $258.2M
Open High Low Value Volume
69.0¢ 70.5¢ 68.0¢ $207.3K 300.0K

Buyers (Bids)

No. Vol. Price($)
3 14183 68.0¢
 

Sellers (Offers)

Price($) Vol. No.
69.0¢ 45503 1
View Market Depth
Last trade - 16.10pm 26/04/2024 (20 minute delay) ?
Last
69.0¢
  Change
-0.025 ( 2.02 %)
Open High Low Volume
68.5¢ 70.5¢ 68.5¢ 50189
Last updated 15.52pm 26/04/2024 ?
TLG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.