TLG 5.71% 74.0¢ talga group ltd

Regarding the fattail article from today with the headline to...

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    Regarding the fattail article from today with the headline to "Sell Talga Group and Highfield Resources".

    This article is available to Retirement Trader subscribers only. If you look at that profile, it's managed by "Murray Dawes".

    Turns out he writes "The Closing Bell" on moneymorning, and 4 days ago he wrote there about preserving capital, and how he sees the market as being in a terrible state, and this can lead to projects finding it super difficult to find financing if at all, and if they did the rate would be so high it would make the project unfeasible.

    https://www.moneymorning.com.au/20231014/closing-bell-preserve-capital-until-the-tide-turns.html

    So his sentiment might have led to the recommendation to sell Talga, a project currently seeking finance and yet to receive any (although it sounds like many irons are in the fire behind the scenes, and the regulatory environment in Europe helps our cause).
 
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