TLG - Talga Group

[frugal.rock]

Will be watching the progress of Talga.
Chart looks interesting... it's either break up or down from here, however, being what it is, my sentiment is erring on it will break up, with the geo political thing putting a caveat on that sentiment.

So in summary, short term iffy either way, but medium to long term is suggestive of the SP increasing. My 2 cents. ?

 

[frugal.rock]

My official unofficial pick for the March comp.
Missed the deadline... shite happens.

 

[frugal.rock]

ASX Release ASX: TLG
3 March 2022

Drill results to upgrade Europe's largest graphite resource

• Final results from Talga's 2021 Vittangi drilling in Sweden return world-class grades, paving way
to upgrade Europe’s largest natural graphite resource for Li-ion batteries

• New deposit confirmed at Nunasvaara East with drill intercepts including:
o 51m @ 28.4% Cg (from 8m) NUN21028 incl. 12m @ 35.7% Cg
o 22m @ 28.4% Cg (from 31m) NUN21012 incl. 8m @ 39.4% Cg
o 34m @ 26.1% Cg (from 40m) NUN21024 incl. 14m @ 28.2% Cg

• Niska South deposit extended at depth and along strike with intercepts including:
o 24m @ 32.5% Cg (from 111m) NIS21011 incl. 9m @ 36.6% Cg
o 26m @ 25.3% Cg (from 73m) NIS21005 incl. 9m @ 31.2% Cg
o 22m @ 27.5% Cg (from 63m) NIS21010 incl. 7m @ 37.4% Cg

• Revision of Vittangi JORC graphite resources underway, with drilling to re-commence immediately to continue growing feedstocks for battery customer roadmaps.

Is that a rising wedge I see forming, coupled with volume contraction....?

 

[basilio]

Finally Talga getting ahead of steam on the back of these updated graphite resource figures. Worth remembering that the last stock issue was at $1.46 ! Today it has jumped over that price.
Which is good to see.

Hopefully turning the graphite into anodes and returns is very close as well.

 

[Malown1]

Still waiting on full mining permits due circa April-June.
Meanwhile can dig 20k tpa under existing approved trial permit.
A rocket under SP when full approval IMHO.

GLTAH

 

[Dona Ferentes]

Europe’s first Li-ion battery anode plant successfully commissioned and operating

• Talga has successfully commissioned and is now operating its Electric Vehicle Anode (EVA) qualification plant in northern Sweden to supply coated anode for battery customer qualification
• The EVA plant uses graphite concentrate from the Company’s wholly-owned Vittangi Graphite Project to produce Talga’s flagship Li-ion battery anode product Talnode®-C
• More than 20 battery manufacturers and automotive customers engaged to receive Talnode®-C samples for large-scale EV battery qualification and procurement processes

When I see the hoops TLG has jumped through to achieve customer qualification for their Anode to keep the end users happy, it introduces an element of caution for other aspiring graphite plays. Yes, there is a lot of graphite out there in the field but it seems identifying a resource and shipping it out is the easy bit. The quality control for end product is the hard part, and where the money is (!). Battery manufactures would expect nothing less.

 

[basilio]

A real achievement. Turning ore into product that customers need and will pay for. Market has responded strongly. Look forward to seeing the uptake by customers - and the dollars

 

[JohnDe]

A real achievement. Turning ore into product that customers need and will pay for. Market has responded strongly. Look forward to seeing the uptake by customers - and the dollars

Maybe another November 2021 coming

 

[Dona Ferentes]

Maybe another November 2021 coming

will take the first half of Nov, but not the retracement/ evaporation that followed

Today, TLG ran hard, up 20% and closed on its high for the day.

 

[frugal.rock]

My official unofficial pick for the March comp.

About 30.7% for the month.
Not too shabby ?

 

[peter2]

I've bought the pull-back dip in TLG. I like that the dip in price has been on lower than average volume. The selling has probably been short term profit taking after the sudden spike up due to the good news. I like buying these types of dips when I think the positive sentiment is strong and the lower prices may induce others to buy.

Price shouldn't fill the gap it left after the news (break-away gap). If it does, then the premise of my trade is invalid.

 

[Dona Ferentes]

I wonder how long this little run will last, before the sellers smash it down again?


Talga’s battery anode growth ambitions boosted with 54% graphite resource increase

Critical mineral source grows to secure EU Li-ion battery supply chain
• Vittangi Graphite Resource boosted by 54%, adding more than 10 million tonnes to Europe’s largest graphite resource, a critical mineral for lithium-ion batteries

 

[basilio]

Talga released an update on the financing of their Anode project. Looks promising but as usual all the ducks have to be lined up before take off.

TLG has been unceremoniously smashed in the last fortnight. Has fallen from $1.47 to 1.08 currently.

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02531091-6A1095409?access_token=83ff96335c2d45a094df02a206a39ff4

 

[basilio]

Talga has moved a significant step closer to financing their Anode project. It's Government supported finance so it will be better value than commercial banks. SP has jumped on the news.

Swedish ECA finance support for anode project
+

 

[JohnDe]

I wonder how long this little run will last, before the sellers smash it down again?


Talga’s battery anode growth ambitions boosted with 54% graphite resource increase

Critical mineral source grows to secure EU Li-ion battery supply chain
• Vittangi Graphite Resource boosted by 54%, adding more than 10 million tonnes to Europe’s largest graphite resource, a critical mineral for lithium-ion batteries

About 4 days, then it sank and now it's climbing again.

 

[basilio]

Another compelling investor presentation from Talga. I believe all the building blocks (ducks...) of a very profitable operation are lining up. Proven plant. High demand , high quality product. Many customers lining up to make sure this is the real deal and then sign up.

Plenty of financiers interested in wanting a piece of the action. More and more concern about overseas (China) dominated suppliers. Increasing pressure to move swiftly to electrification of transport and industry.

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02549482-6A1103113?access_token=83ff96335c2d45a094df02a206a39ff4

 

[basilio]

Another duck is lining up for Talga. SP has responded well

ACC and Talga sign non-binding Offtake Term
Sheet for Swedish lithium-ion battery anode

Talga Group Ltd (“Talga” or “the Company”) (ASX:TLG) is pleased to announce it has entered into a nonbindingOfftake Term Sheet (“Term Sheet”) with European battery maker Automotive Cells Company SE(“ACC”) to supply its flagship anode product, Talnode®-C, from the Vittangi Anode Project in Sweden.

ACC is co-owned by automotive brands Mercedes-Benz and Stellantis (a major global automotivemanufacturer with brands including Alfa Romeo, Chrysler, Citroën, Fiat, Jeep, Peugeot and Maserati);and battery company Saft (subsidiary of energy giant TotalEnergies).

Under the Term Sheet, which follows successful qualification testwork completed to date, Talga will supply ACC with 60,000 tonnes of Talnode®-C over a 5-year term. The parties have a legally binding obligation to use commercially reasonable efforts to complete due diligence and finalise a binding definitive agreement by 30 November 2022.

The definitive agreement is expected to include supply of rampup volumes over 2023 - 2025, prior to the 60,000 tonne offtake
supply commencing in 2026.

ACC and Talga sign non-binding Offtake for 60kt Anode Supply (PDF 83.4 KB)

 

[Dona Ferentes]

lining up for Talga. SP has responded

well

Well.... back to nearly where it was in the last week.

 

[basilio]

View attachment 147352



Well.... back to nearly where it was in the last week.

Indeed it is. . Talga is not testing it's SP heights is it ?

Nonetheless the progress it is making with commercialisation of its battery anodes as well as expansion of its graphite/graphene mining operations is encouraging.

 

[Malown1]

All progressing nicely imho.
SP still down but the whole market is, and we're now well up on year lows which is more than many other stocks.

From the ASX announcement from 1/07/2, we can see that this offtake term is BIG news:
(It represents circa 60% of first mining application permit of 100,000tpa.)

Coupled with the LOI from a giant like Freyr, the dominoes could soon all be falling into place.