If you read the independent DFS and calculate the market cap when TLG are producing 100,000 tonnes per annum of "Talnode C". A SP of $25 is very conservative. It took 3 years for the recent environmental approval, where most people expected 12-15 months. Also with the current market volatility most non revenue producing companies will be under S.P pressure until revenue & profits are being delivered. A long term perspective should alleviate any concerns. IMO...
If you read the independent DFS and calculate the market cap...
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Last
57.0¢ |
Change
-0.005(0.87%) |
Mkt cap ! $216.4M | |||
| Open | High | Low | Value | Volume |
| 56.5¢ | 57.5¢ | 55.5¢ | $495.1K | 875.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25000 | 56.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 57.0¢ | 16148 | 3 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| TLG (ASX) Chart |