Dona Ferentes
A little bit OC⚡DC
- Joined
- 11 January 2016
- Posts
- 14,587
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- 19,711
yep .. good closeBig movement on TLG today. Up 17% on strong turnover....
3.5 days :::
yep .. good closeBig movement on TLG today. Up 17% on strong turnover....
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no easy pathwaytheoretically a very encouraging sign. The study also notes that the funding has to be found for this development.
Yep, especially for a cash burner like this, debt not an option because no earnings, SH's probably gun shy about more CR's, external partners unlikely.no easy pathway
* There is a low level of geological confidence associated with Inferred mineral resources and
there is no certainty that further exploration work will result in the determination of Indicated
mineral resources or that the production target itself will be realised.
But more importantly, the execs at the top will have a nice little earner for the next 7 years.$19M for exploration over 7 years... no development happening here.
But it means TLG can keep the leases, get something looked at, hang on to prospective graphite, without spending a Krona.
They get management fees as well. Could be a nice little earner.$19M for exploration over 7 years... no development happening here.
But it means TLG can keep the leases, get something looked at, hang on to prospective graphite, without spending a Krona.
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