Australian (ASX) Stock Market Forum

TLG - Talga Group

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basilio said:
Been quite a sharp turn with Talga.

It continued to slide with persistent selling until it reached 43c. However there was a significant announcement of a partnership with a packaging comapny to use graphene about 5 days ago and since then the SP has jumped to 60c.

Still a long way below where it should legitimately be but the strong buying interest suggests confidence in the immediate future. Maybe an imminent announcement ?
Click to expand...
I haven't been watching this closely but the recent bounce has been sharp … paying more attention now;)
 
Still can't understandwhy TLG is falling. All the announcements are positive. I can only guess there is a persistent seller trying to unload shares at any opportunity.

I think it is undervalued.
 
Two recent announcements on the development of their graphene anode technology for Lithium ion batteries.
Both extremely positive in terms of
1) Enabling very fast battery charging
2) Increasing the battery capacity by 50%.

icon-pdf.png
Talga Silicon Graphene Anode Extends Battery Capacity (PDF 1,268.1 KB)
icon-pdf.png
Talga Anode Enables Ultra-Fast Charge Battery (PDF 1,048.1 KB)
 
The recent higher low around 45 cents followed by the spike to 59 cents looks to have set the short term range ….. Looks a candidate for accumulation on any low Volume retracements.
 
TLG is a strange beast.:(

The last week has seen a couple of excellent announcements on its graphene anode technology. Real game breaking stuff.
And yet... SP falls today after a short initial burst.
There is someone who is relentlessly selling this stock down.
 
SP has dropped sharply in the last couple of days. Currently $ .37 a fall of around 20% with no apparent reason.

Broken through support lines. Any intel around ?
 
Talga just produced an update on their Graphene anode technology to boost battery life and speed up charging rates.

Apparently it is getting even better than they originally thought. They intend to be commercializing the anode by the end of February 2019.

This could/should be a huge boost for current Li Ion powered products. Cars, tools everything. Talga might even make a buck..
http://www.talgaresources.com/irm/PDF/2397_0/FurthergainsfromTalgahighenergybatteryanodeproduct


PS And the SP did just a little skip - and then fell away. Crackers...
 
Just noticed a sharp uptick in TLG SP yesterday and this morning. Jumped from 39c-44c. (Must be doing it now because I chose it for next months tipping..)

I think there might be some good news in the immediate offing Possibly along the lines of the sale of the graphene anode for batteries.
 
Something is happening with Talga. Currently at 48c up 15% on the day.

Either a significant announcement in the near future or a please explain ... or both ?
 
Still powering on !! What a surprise. Up until recently any small rises were immediately jumped on by sellers. But it seems as if (perhaps) the sellers have finished and the reality of it's mine assets and rapidly developing graphene products are becoming recognised more appropriately.

Last year it was around the 70-80c mark an since then the Cobalt mine assets have effectively doubled and the graphene products have should excellent prospects.
 
Talga still on the move. Up sharply in the past two days (over 20% increase). They put out a long convoluted explanation for the last run which was basically justifying the release of the upgrade on the Cobalt resources.

They also noted that one of the local stock promoters has given them a big tick which they suggest is behind the run. But they do have some great products in the battery field which should be on the market very soon.
 
Well easy come, easy go... :( The last two days have seen Talga reverse most of the gains made since the Cobalt announcement and whatever else.

Why is it so ? Why did it have such a quick run and then a sharp selloff ? I'm going to make a guess here.

It seems that a local stock promoter gave TLG a big review on the basis of its prospects. I'm guessing this brought in a bunch of enthusiastic investors who pushed the SP up for a couple of days - and then "someone" sold out when they though they had made enough.

Perhaps a pump and dump ?;)
 
basilio said:
It seems that a local stock promoter gave TLG a big review on the basis of its prospects. I'm guessing this brought in a bunch of enthusiastic investors who pushed the SP up for a couple of days - and then "someone" sold out when they though they had made enough.

Perhaps a pump and dump ?;)
Click to expand...

You may well be right Bas, there are two things working against this stock, the price of Cobalt has fallen over 60% during the last twelve months and continues to fall. This is also a gold stock and gold got all excited for a number of days and now it is having a bit of a retrace. If gold rises again perhaps this may lift a bit.
 
Ann said:
You may well be right Bas, there are two things working against this stock, the price of Cobalt has fallen over 60% during the last twelve months and continues to fall. This is also a gold stock and gold got all excited for a number of days and now it is having a bit of a retrace. If gold rises again perhaps this may lift a bit.
Click to expand...

Not quite correct Ann:oops:.. TLG major interest now is Graphite and Graphene. It is developing high quality products which are very close to commercialisation .

They do have a new Cobalt mine and that will be worth some dollars but it is only a part of the picture.
 
basilio said:
Not quite correct Ann:oops:.. TLG major interest now is Graphite and Graphene. It is developing high quality products which are very close to commercialisation .

They do have a new Cobalt mine and that will be worth some dollars but it is only a part of the picture.
Click to expand...
The problem is Bas, there is no easy price chart to look at for Graphite as different forms of Graphite are priced differently. The prices of resource stocks tend to travel in the same direction as the underlying chart of that particular commodity. As a major part of this stock is Cobalt and the price of Cobalt is well demonstrated by charts the price of a stock is more likely to reflect what can be seen easily. Until Graphene and Graphite price can be easily referenced, the Cobalt price is likely to take preference as a price guide in my opinion.

Syrah Resources - SYR are quoted in conjunction with Graphite and one glance at SYR is not a pretty sight. Graphite: Widespread Progress For Flake Graphite Projects
Here is a five year chart of Cobalt...

cobalt march 2019.png
 
Ann you need to look at the overall picture of TLG rather than relying on one dimension graphs.

TLG isn't graphite. The mines they have enable them to practically mine pure graphene. On top of that they decided years ago to value add to the product. In that context they have developed a number of excellent products using their mined graphene.

I can tell you now that the cobalt mine they are prospecting will not stay in their hands for much longer. When they finish establishing its JORC it will be sold and the proceeds returned to the TLG shareholders. That, as I understand it, is the intention
 

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