Good Morning Gentlemen, Now that EGR has secured its option to...

Good Morning Gentlemen,

Now that EGR has secured its option to lease 6.7ha in the 'Lithium Valley' where 2ha is required for the 20,000tpa production facility. It is highly likely our 'Strategic Investor' that Andrew mentioned in July will be revealed in the near future.

Do you think it likely that the 'Strategic Investor' will be an offtake partner I.e Thyssenkrupp?
Or do you think it is more likely it will be a Lithium-Ion battery manufacture or EV manufacture?

EGR's environmentally friendly purification process, recycling and the low carbon-intensive process will make it very attractive to companies like BMW, VW or Daimler.

The other possibility for the Strategic Investor would be downstream processing for coated anode material. TLG'S PFS indicated coating for 5ktpa is only US$5mil, which sees a significant increase in their likely revenues from US$3860 per tonne to US$11,250 per tonne.





When you consider EGR's MC $54mil is around 1/4 of Talga Resources mc $217Mil, We are certainly looking for a significant rerate in the coming months.

Funding, binding offtake agreements, EPC contracts, possible downstream processing on the additional 4.7ha of land at the 'Lithium Valley'.