Woah... 10,000 options? Sounds like a good retirement plan.
"Early works at an anode plant for which there is no permit? What a waste of cash!"
The anode plant is fully permitted and now construction ready. You don't become the first mover in Europe by sitting on your hands like most other western graphite plays have done in the last few years. This is how Talga have operated throughout, even before a confirmed date for the initial environmental permit. The result? They're now years ahead of the majority of ex-China producers and are likely to become the first commercial anode producer in Europe.
If we followed your illogical down-ramping approach, Talga would have preserved capital throughout the entire permitting process— no exploration, no product development, no pilot plant, no customer trials. The share price wouldn’t be anywhere near what it is today, even at current lows, because it would reflect a company that was severely underdeveloped. On top of that, the company would likely miss out on becoming a strategic project, as the EU is seeking "mature" projects.
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Woah... 10,000 options? Sounds like a good retirement plan....
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