The Talga Bar

cosors

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Does anyone have a link to the swedish court webpage that my F5 key need to monitor for the next couple of weeks?
here the first two links from the left

And I think this one when it's done

I could not find such a practical list of what comes next at this court as others have.
But I don't think we'll hear about it in advance, but only when it's done. I don't know and I'm just guessing. The court's website says something about it being public. But the page rarely changes. I suspect that only a few cases are actually held in public, but you could attend if you wanted to?
And searching with our case number makes no sense either. I suspect it is the same here as with the Court of Appeal and the case is only documented publicly once it has been upheld.
It's all guesswork.
 
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Semmel

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Hmm, disappointing. But guess that's where the F5 key comes in, eh? 😂 I need a drink after this week.. phew.. doing git branch management is not for the faint of hearts...
 
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Semmel

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Btw, TLG is now 0.42 Euro in Frankfurt. That's the price at which I bought my first shares many years ago. It's time for them to do something exciting. 😅🤠
 
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cosors

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Since it's just a statement by a kind of freelance journalist and publicist and perhaps activist, I'd better post it here.
This comes from the beginning of February and a journalist whose name I don't want to post here. Unfortunately, I can't copy and paste the text, so I'm doing it this way. Nothing really new for us, but nevertheless. He is specialised in mines and takes a very (negative) critical view of everything in this context, whether it's the Green Deal itself, the consequences in terms of e.g. electricity supply or the exploitation of nature, which is his core concern. Personally, I only seriously question 'his' ten years. But he's just playing with Svemin's words (ten). He and Svemin assume that Talga will get everything (expansions) permitted. That's how I interpret it. But since I don't want to make a big deal out of it, I'll leave it at this snippet here.

...
1708417535323.png

...

And I think he is wrong with the last statement. National interest must not be hindered. So give Talga a thumbs up. It's starting to get exciting...
 
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Semmel

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As stated in the discussion thread, I Sami and other groups will appeal anything and everything. Doesnt matter good or bad, its just a matter of fact that they will use the system not as it is intended (to prevent injustice) but to give them selfs more standing / importance and to delay the progress wherever possible. Its a tool for them, not a right to be used when needed. The time for new projects will not be set by the permitting process it self, which will be quick enough. It will be set by the appeals process to the permits. One could argue that the appeals are not part of the permit, hence the CRMA does not bite here. In addition, appealing anything and everything is causing some kind of DOS (denial of service) attack on the court system. Thats why it takes so long already to process even the acceptance or rejection of appeals. Something in Sweden needs to change in order to prevent this practice.
 
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cosors

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As stated in the discussion thread, I Sami and other groups will appeal anything and everything. Doesnt matter good or bad, its just a matter of fact that they will use the system not as it is intended (to prevent injustice) but to give them selfs more standing / importance and to delay the progress wherever possible. Its a tool for them, not a right to be used when needed. The time for new projects will not be set by the permitting process it self, which will be quick enough. It will be set by the appeals process to the permits. One could argue that the appeals are not part of the permit, hence the CRMA does not bite here. In addition, appealing anything and everything is causing some kind of DOS (denial of service) attack on the court system. Thats why it takes so long already to process even the acceptance or rejection of appeals. Something in Sweden needs to change in order to prevent this practice.
Yes, you may be right. But I don't know what is planned in detail. But we do know that we now have a senior politician on board who will get to the core of the problem and is very well connected. I suspect she got to know us through our agency (RP), which did such great work in Brussels and Sweden. And it looks like she's already on/at (?) the ball.



We both know this from our activists and environmentalists in our country and have done so for years. For many, complaining is the only way to actively protect the environment. And look at the LNG terminals here. The politicians acted and six to seven months later the thing was done. This was celebrated by politicians in the government and opposition. Germany finally felt able to act again and was even proud of it. Now they are thinking about what else they can apply this bypass solution to without an environmental permit against which no one can object because this step no longer exists. I would like to emphasise that this was an absolutely exceptional situation. But it shows that politicians know exactly where the problem lies and how to solve it.
I assume that those involved in Sweden know exactly where the problem lies too. One approach could be to no longer offer so much scope for appeals. No approval step, maybe combined, less possibility for appeals. Could be an effective approach. But I'm not a lawyer or a bureaucrat and I don't want to get too deep into it. Otherwise I would treading on thin ice with my lack of knowledge. But just an excerpt for what I mean:

"The Swedish mining and minerals industry is of great importance both for Sweden as a country, in the regional and local perspective, and for coping with the global climate crisis. We also see how carbon-free steel production, battery factories, electrically powered heavy lorries and recycling of mining waste create thousands of new jobs throughout the country. However, to manage the climate transition and increase Swedish competitiveness, the green and digital transition needs to be accelerated, which requires metals and minerals. However, we note that when in the process a review of Natura 2000 permits is to take place creates uncertainty in the authorisation process. We therefore see a risk that this will hamper development, as major resources must be invested at an early stage, which may mean that companies choose not to invest in the Swedish mining industry. For this reason, we want to introduce a combined assessment of licences under the Environmental Code and Natura 2000. Furthermore, we believe that a Natura 2000 permit should not be a prerequisite for granting a processing concession under the Minerals Act. The Riksdag should support this and announce it to the Government.*"
*What would that mean for the expansions.)

Talga is just one step away from this major goal. His foot is already above the finish line. Unfortunately, the time is now being stretched. But I think everything else will be much easier once this first step of national interest is fully approved and the people will see that's not all that bad, and when people see that the plan is working with the Green Transition, if. And when they realise that the reindeer find enough lichen, don't fall into a big hole or get spooked and don't lay eggs but continue to give birth to calves and there is still enough meat at the end, then that speaks volumes. My personal feeling at least is that now is not the time for us to be pessimistic about the future of Talga. For me it's more like the familiar knot.

As I understand it, the Sapmi Riksdag is an integral part of Swedish politics. A permanent blockade attitude will certainly lead to bypass solutions as with our terminals. Or they will come to an agreement and raise the whole thing to a level of co-operation. But I don't want to delve any further into Swedish politics. Ours is already bad enough and the attitude of the ego NIMBYs, antis and associations is to be against simply everything, even wind turbines or power lines. Not everyone will allow themselves to be told to live in caves.
Oops, did I really just say that? A cursory glance over the shoulder, ah, we're still in the bar, all right 😅

_______________
"New law to make it easier to open mines
There are many steps to opening a mine. The government has now presented a bill to revise the authorisation process.
"We must ensure that it becomes even more efficient to open and start mines in Sweden."
These were the words of former Minister for Economic Affairs Karl Petter Thorwaldsson (S) in May last year when the government, under pressure from the opposition, set up an inquiry into a new authorisation process for mining operations.

Now the government in the form of M, KD and L is proceeding with a bill.
The process for when a so-called Natura 2000 licence is needed will be revised. The Natura 2000 assessment exists to protect habitats and animal and plant species under EU law.
Today, the key steps in opening a new mine are an exploration permit, a processing concession (when a company can obtain exclusive rights to a deposit), an environmental permit, a land allocation and a building and land permit.
At present, a company is also required to have a Natura 2000 licence, if one is needed, in order to obtain an exploitation concession. However, in order to avoid duplication, it is now proposed that the assessment should be carried out in connection with the assessment of environmental permits.
"The proposal is expected to lead to positive effects for the mining industry as a whole", writes the government in a press release.
This is because it reduces the risk of the Natura 2000 assessment not meeting the requirements set out in the case law of the European Court of Justice.
The amendments are proposed to enter into force on 1 July 2024.*"
 
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Semmel

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I have a bottle of rum that I got about half a year ago. It is waiting for the court decision, the offtakes and the financing.. im ready to finally open it. Come on court. You can do it. You can start the trinity.
 
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Monkeymandan

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I have a bottle of rum that I got about half a year ago. It is waiting for the court decision, the offtakes and the financing.. im ready to finally open it. Come on court. You can do it. You can start the trinity.
Tried my luck with the court again yesterday, response below.

Hello, The case is still pending, we cannot answer when a decision may be ready. Sincerely

Next Friday will 4 calendar months from the date the orange lawyer said she submitted the supplementary information.

So close now, surely.
 
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brewm0re

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Tried my luck with the court again yesterday, response below.

Hello, The case is still pending, we cannot answer when a decision may be ready. Sincerely

Next Friday will 4 calendar months from the date the orange lawyer said she submitted the supplementary information.

So close now, surely.
Thanks MMD, much appreciated. Almost 4 months is crazy when you take stock of this process. Almost 6 months since the last appeal decision was quashed on 31st August is even more bonkers. On the bright side, we are all confident there appears to be a lot of work happening in the background, which we aren't privy, even if it's the occasional breadcrumbs to have our minds drift...and almost 2 years since the EVA plant opening --- huge time has passed for LCA for prospective customers ready to ink some deals :)
 
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Monkeymandan

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Thanks MMD, much appreciated. Almost 4 months is crazy when you take stock of this process. Almost 6 months since the last appeal decision was quashed on 31st August is even more bonkers. On the bright side, we are all confident there appears to be a lot of work happening in the background, which we aren't privy, even if it's the occasional breadcrumbs to have our minds drift...and almost 2 years since the EVA plant opening --- huge time has passed for LCA for prospective customers ready to ink some deals :)
Yes, unbelievable it’s been two years since the EVA plant was commissioned. And almost inconceivable the mine was approved almost 11 months ago, yet we still wait for the permit to come into force. The system is so open to abuse it’s shocking. Mankind really will be its own undoing!

As you say though, all the signs indicate the wheels have been turning in the background, and I think the breadth and depth of Talga’s moat in Europe will soon be evident for all to see. I’m particularly excited by the Talnode-Si plans that I think will open Talga up to broader market interest.

It’s been a long old road, and I’ve a long way to go to get back in the green, but it really does feel like the final stretch now before the news can finally flow, and this company can do what we all think it’s capable of.
 
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Semmel

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There is no need to drink the poison IMHO..
 
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cosors

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You're right. Had only seen it as I saw an update on that page. I'll delete it.
 
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Semmel

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Please don't get me wrong, I don't want to suppress opposing opinions, on the contrary, I do like to be challenged in my statements and opinions. No better way to keep it real and grounded in reality than to be challenged. However some (like these people) are not interested in truthful debate but rather want to throw mud without any type of argument or logic.

Please don't let them drive you insane :) 🤗
 
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Semmel

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There was just (ok, 3 hours ago, I dont check it all that often) a trade of 90k shares in Frankfurt.. This is quite an unusual volume.
 
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Rayster

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There was just (ok, 3 hours ago, I dont check it all that often) a trade of 90k shares in Frankfurt.. This is quite an unusual volume.
I just noticed the same thing. Volume is very inconsistent on that exchange but from what I can see it is the 2nd highest volume for the year.
 
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cosors

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This exchange is also quite unusual for ASX stocks/shares, at least for retailers. Usual is Tradegate. I assume that it was an institutional investor. Who knows, maybe Janus Horizon modestly increased its small position. Then we will see that soon.
 
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cosors

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Once again, algos are doing the maths wrong ;) 😅
Screenshot_2024-02-27-20-02-43-01_40deb401b9ffe8e1df2f1cc5ba480b12.jpg
 
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Semmel

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The day of that short down spike a large, 10Million shares block trade was registered.

I have no inside knowledge but my interpretation is, that someone shorted the shares a while back but wasn't able to sell them to market with a sufficiently high price. That day, they decided to give back the shares. It has no impact on the market because the shares were never actually sold after they were shorted. The block trade of giving back the shares registered as a reduction in shorts.
 
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cosors

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Bloomberg and Reuters report that Apple will abandon its EV project and will put the freed-up resources into Ai.
 
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Semmel

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The Apple car project never sounded like a suitable project. I dont know anyone who took it seriously..
 
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