TLG 1.80% 54.5¢ talga group ltd

Just means MT wants to remain control of the project.Secondary...

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    Just means MT wants to remain control of the project.

    Secondary benefit, builds up experience just in case the relationship with LKAB runs into trouble. The latter is based on my recent experience with a company R operating in Spain. The local contractor thought they had all important cards (incl permits) to ask a high price, but oversold their hand. Now R is developing their own capacity and applied for permits themselves. Of course, they lost time & money, but will succeed. Not saying this will happen with Talga & LKAB as Talga has strategically hired a former top cat from LKAB.
 
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