Yes mining permits could take time but i like to think of it this way.
The need for this resource will be immense, the pressures will come from Europe at first and then expand to the world! You can see some evidence of this already with UK and European Union already throwing money at TLG to setup gigafactories. It will soon expand to Germany and other Scandanavian countries that have huge automotive industries where ICE assets will be stranded and the need for EV and battery supply jobs will force the hand of governments and companies.
IMHO this time is very close... i have my own ideas of what could happen. TLG has the best prospects given their mines characteristics already makes it the cleanest, without needing to crush and grind. Underground mining with LKAB makes it even better.
Where is the new SP, page-86
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Last
58.5¢ |
Change
0.010(1.74%) |
Mkt cap ! $222.1M | |||
| Open | High | Low | Value | Volume |
| 58.0¢ | 59.5¢ | 56.5¢ | $245.7K | 424.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 8000 | 58.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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58.0¢ |
Change
0.010 ( 0.85 %) |
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| Open | High | Low | Volume | ||
| 57.5¢ | 59.3¢ | 57.0¢ | 119480 | ||
| Last updated 15.58pm 14/06/2024 ? | |||||
| TLG (ASX) Chart |