TLG 5.17% 61.0¢ talga group ltd

TLG 1 year price target, page-45

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    From mid December investor presentation offer document my bold

    Page 7

    Use of Proceeds
    • The A$25MM gross proceeds from the Placement will be applied towards:
    – building the fully permitted Electric Vehicle Anode pilot plant (A$22MM); and
    – general working capital including transaction costs and supporting the ongoing project development (A$3MM)



    Now it is an extremely serious offence to intentionally mislead the ASX in any announcement. If that happens you can expect a knock on the door from ASIC the Federal body overseeing the Corporate environment which includes the ASX.
    Last edited by WheresTheMonkey: 14/01/21
 
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