TLG - Media, page-2209

Thanks MPK,

Mark has been referring to the carmakers to have to change their supply chain strategy before. In the past those carmakers would ask for at-cost prices with a 'reasonable' margin on top of that, which was an almost risk-off deal for them. Now, they deal with the mining industry which is used to world index prices which change dependent on supply and demand. It's a major change and ensures long and hard negotiations. Luckily for Talga and us, we are on the supply side and can be selective on the customers.

Still, the first off-take agreement may not be a carmaker. There are more options developing.

Being a long term holder (2014) it has impressed me the way this company has matured into a serious player in the mineral resource and technology fields and there will be much more to come. My kids are now investing in it as well as, come dividend or not, the company will grow as will be its market cap.