Talga might have a few customers who has completed qualification and are ready to buy. But why should Talga sign deals with them now, when they probably know they have 10+ more companies getting qualification done soon.
They might as well get as many customers fighting for the limited product as possible.
Talga is not in a hurry as mass production has not started yet.
If I was Mark Thompson, I would drag out signing deals, as 1-2 customers could take 100% of Talga supply.
He already said the planned 100k TPA was probably not enough to meet demand.
Lets see what happens when production starts, and if, by then, we still don't have any offtake, then it looks bad
TLG Chart, page-3255
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Last
56.5¢ |
Change
0.005(0.89%) |
Mkt cap ! $214.5M | |||
| Open | High | Low | Value | Volume |
| 57.0¢ | 58.0¢ | 56.5¢ | $196.1K | 343.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 55402 | 56.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 59.0¢ | 10000 | 1 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| TLG (ASX) Chart |