TLG - Media, page-4419

First 4419 Last

Share
Profile

Follow
cat dog

913 Posts.

918

30/05/21

12:10

Post #: 53516228
Share

Originally posted by cat dog: ↑

Good summary Jepren. Pretty much my take on it as well.

Some Sunday ramblings and my thoughts on things..

Talga are executing according to the timelines and plan they have announced previously and nothing has changed except increasing investment and government focus in electrification/climate change and growing demand for green battery materials. This is good for Talga.

There has been a lot of wild speculation on here about Talga ramping up quicker to meet all the customer demand but I don't see how you can be disappointed with or expect anything different to what they are currently doing. They're executing on the plan.

Having said that I do think they will ramp up to more than what is currently planned in the future, but the chicken and egg situation is real. They need to prove commercial scale before the big autos are willing to sign on. Then they will get a better idea of volumes and dollar values and can start thinking about really ramping up. Once the big auto dollars are there then this will go bananas, that's what everyone wants and money will be thrown at Talga. Just look at Northvolt. $14billion over 10 years from VW and they've had no trouble raising money.

The permits are obviously a limiting factor but I'm not too worried about them and I got the feeling MT isn't either. Yes they take time but if they get 100ktpa approved then I expect it should be easier to scale because the project has essentially been given the green light by the authorities. Having the big autos singing on will be a big factor as well. The authorities won't went to let that chance slip by.

The feedback from the SGU on the 500ktpa EIA Talga plan to submit in September was very positive as well, they just needed to clarify the water intrusion. The local and federal government seem to be waking up to that fact they need to act if they want to take advantage of this electrification revolution and make a difference on climate change.

I have no doubt the big autos will sign on when they prove commercial scale but realistically that's probably not until later next year. They wouldn't be this far down the procurement process if they weren't serious and Talga didn't have a great product. The UK government would be either. Also, where else are they going to get all this green anode? There aren't many suppliers outside China as advanced as Talga that can supply active anode material.

The trial mine to feed the EVA plant is 25ktpa = 25% of stage 1 100ktpa.

I think the EVA commercial output is what they need to get things really going and we start to realise the true value of the project. However there should be plenty to keep us busy until then and the catalysts for share price movement ...the DFS, JV Funding, UK studies, resource upgrades...and I wouldn't count any other left field announcements out either. Talga have a lot of products and irons in the fire you just never know

Expand

To add on the permits.

I can't help but think the authorities are waiting on the EVA plant too.

This isn't just pulling out some iron ore, it's graphite to highly processed active battery material. I'd say the authorities will want to be sure of Talga's success and the big autos want the product before they give the green light to start digging up hundreds of thousands of tonnes. That's why the trial mining is approved and MT says permits next year.

If they prove commercial production and customer demand is there then the gates will be lifted and they can start to ramp up to 500ktpa quicker.

Last edited by cat dog: 30/05/21

TLG Price at posting: $1.61 Sentiment: Buy Disclosure: Held
12 Upvote

0 Great analysis

Reply

Top Stories

CXU

Cauldron Energy reports "excellent" uranium assays in latest drill run

A3D

Defence MOU for propulsion systems pushes Aurora Lab shares higher

TIG

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

There are more pages in this discussion • 12,266 more messages in this thread...

First 4419 Last

Add TLG (ASX) to my watchlist

(20min delay)
Last 38.0¢		Change 0.000(0.00%)		Mkt cap ! $162.9M

Open	High	Low	Value	Volume
38.0¢	38.0¢	37.0¢	$117.8K	313.9K

Buyers (Bids)

No.	Vol.	Price($)
4	22467	37.0¢

Sellers (Offers)

Price($)	Vol.	No.
38.0¢	45588	4

View Market Depth

No.	Vol.	Price($)
2	16115	0.370
4	70726	0.365
24	347849	0.360
4	79923	0.355
11	77282	0.350

Price($)	Vol.	No.
0.380	32676	2
0.385	38166	3
0.390	3700	1
0.395	70975	2
0.400	9536	3

Last trade - 16.10pm 11/10/2024 (20 minute delay)

TLG (ASX) Chart

TLG - Media, page-4419

Cauldron Energy reports "excellent" uranium assays in latest drill run

Defence MOU for propulsion systems pushes Aurora Lab shares higher

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

TLG - Media, page-4419

Top Stories

Cauldron Energy reports "excellent" uranium assays in latest drill run

Defence MOU for propulsion systems pushes Aurora Lab shares higher

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News