One thing to remember Syrah was 630 Million market cap when they just had a graphite mine permitting until 2038 with a open pit mine with 50 years of mine life.
Now with customer agreement and 250 million funding. There valuation has gone almost double.
Currently Talga share price is fine cause it's still close to the $1.45 last capital raised price. Should trade in weeks back to $1.55.
Only problem is if Talga does not get mine permitting. The share will fall way down. So there is heaps of risk if permitting is not secured.
The stock pumpers like above that want new shareholders to buy at higher prices will keep posting these crazy price predictions to fool new investors. If one looks at Beouwolf mining and there SP. You realize there is high risk in getting environmental permitting in Sweden.
There share price have crashed on the news they got exploitation concession but still need environmental permitting that can still take several years.
Everyone do you own research and trade safe. And be careful who you trust.
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