Dona Ferentes
Pengurus pengatur
- Joined
- 11 January 2016
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Talga closed at day's high of $1.59 , + 13% , and on best volume for 3 months.
Talga closed at day's high of $1.59 , + 13% , and on best volume for 3 months.Todays announcement has certainly sparked some buying support. Up 11% to date on heavy demand.
Construction of Talga’s Electric Vehicle Anode qualification plant in northern Sweden continues with key anode production equipment in transit to site or nearing completion by European and Japanese manufacturers.
Global container handling delays have impacted the delivery date of the EVA’s kiln, pushing back delivery by 2 to 4 weeks. Shipping is projected to continue to experience significant disruption, however the Company expects to still meet its original timeline to start EVA commissioning in Q4 2021 with full commissioning completed in Q1 2022.
Been watching Talga with interest in the past week. Has steadily moved up almost 20% since Monday and much more since 12th Oct. Volume has gone up significantly as well. No announcements as yet and they don't normally leak.
Could be some renewed interest in their progress or perhaps an indication of a significant announcement.
Nice direction. Hope it holds. (That may involve fewer predictions, eh @basilio )Talga dropped like a hot potato directly after my last prediction.
Nice direction. Hope it holds. (That may involve fewer predictions, eh @basilio )
Early buying took it quickly to $1.85 in the morning, where it stayed, or above. The afternoon saw a low vol rise to $1.92 and it held near to close at 1.905 (13% up for the day). I liked the way TLG held on to the early gainsNice direction. Hope it holds ...
TLG has reported an MOU with another major battery anode supplier to effectively market both their products to major car companies.
TLG is pleased to advise it has entered into a Memorandum of Understanding with Long Time Technology Co., Ltd, a leading manufacturer of anode materials used in lithium-ion batteries. Headquartered in Taiwan, LT Tech serves global battery customers from four production centres utilising natural and synthetic graphite (the latter manufactured with hydropower). LT Tech is a publicly traded company, co-owned by Foxconn Technology Group, a Tier 1 contract manufacturer of electronic devices and, more recently, electric vehicle platforms.
Q: Does Mark still stand by the statement that no capital increases or entry of institutional investors is planned for the time being, and that financing is more likely to be provided through loans or customer participation in project costs?
A: Talga continues to carefully consider its capital and cash management options with a focus on progressing our core technologies and projects to commercialisation. Debt markets and potential customer participation present opportunities for Talga to reduce risk and collaborate with partners, however, in pursuing optimum returns for our shareholders, it is appropriate that Talga considers a full range of financing options.
Q: When does Talga plan to raise the $1 billion of capital needed to produce 100,000 tonnes of anode materially annual from 2025/2026?
A: As above, Talga's strategic plans and capital management are considered in concert by management and board, with a balance between short term funding requirements and longer term development capital.
Certainly no agreements yet, but with only trial mines approved for 25,000 tonnes any agreements would be "subject to...."The TLG narrative stresses the European aspect, fair enough, and other efficiencies, but they haven't snagged the definitive cast-iron agreements.
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