Talga Valuation., page-3

So to clarify.

1. I mean usd10bn sometime in 2021 and for the purposes of negotiating the project JV'etc.

2. We have the pre-eminent miner in Sweden as our partner, we have the largest distributor of battery chemicals and the manufacturers of industry standard machinery. All on our team. execution risk is very low IMO. The point of providing increasing volumes of samples upto many tonnes to a client is to "prove" you can deliver at consistently high volumes. If we get an offtake, then the client has confirmed the execution risk is limited and they can commit to a model roll out.

3. Yes Tal C at 500k in 2023. I'm also guessing 100k Tal Si is possible for the Tesla Semi and Cybertruck ans/or other large applications.

4. Also remember when we have finished drilling we will declare the largest and highest grade resource in the world.


One of the failings of the human condition is its inability to understand the exponential function or even the compounding effect.

Plus the sense of urgency is massive across the world given all the announcements.