TLG 1.69% 60.0¢ talga group ltd

In a less volatile market with finance, offtake and permits...

  1. 56 Posts.
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    In a less volatile market with finance, offtake and permits ticked off & de-risked, the DFS for stage 1 has a valuation of $1.2B USD when operating. This would be 2.5 - 3 x current share price. However we may have to wait until 2025 for this to happen.(hope not) A great outcome was the EIB approval of $150M Euro without a binding (take or pay) offtake agreement. This again puts MT in a great negotiating position. The boxes are being ticked off exceptionally well and mostly as per the scheduled timelines. The focus on fast tracking of the Talnode Si project is very exciting and will deliver another strong revenue stream for the business. A massive 18 months coming up!!!
 
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