The Talga Bar

[cosors]

You think you joke, but they talked about announcing CRMA projects possible late November, but likely December. Might line up nicely with your prediction if it does come earlier

And in this scenario, that would only be the second step analoge to 2020, followed by seven more waves with an interval of 29 days +- 6d
But that was in the days when money was still very loose.
The window for appeals against the concession closes on the 21st. I only see the Sami, if. Anything else would surprise me.
There are now many catalysts. Only this time with a foundation and not just speculation like in 2020.

 

[cosors]

"Glitch at the tax office: 1,700 letters in one day. At first he was "terrified," reported a man from Quickborn yesterday. He thought he had "messed up" when the postman handed him 1,700 letters from the tax office. In fact, the man had wanted to apply for Elster access online on the weekend of the time change at the end of October. Due to the time change and a technical error, his access letter got caught in a "time loop" and was printed out and sent 1,700 times, explained the Schleswig-Holstein Ministry of Finance."

All clear?

 

[Semmel]

This is Mark, getting all the ducks geese in a row for an offtake agreement..



This doesn't seem to load the content any more.. you have to open it I guess..

 

[curiousmagpie]

This is Mark, getting all the ducks geese in a row for an offtake agreement..

x.com

x.com

This doesn't seem to load the content any more.. you have to open it I guess..

fyi embedding still works if you insert as media and replace x.com with twitter.com

watched the webinar again and I think it comes close to confirming my feelings about Talnode-Si

 

[Semmel]

fyi embedding still works if you insert as media and replace x.com with twitter.com

watched the webinar again and I think it comes close to confirming my feelings about Talnode-Si

Cool, I fixed it and it works thx!!

And yes, if I remember your position correctly, I agree with it. Tesla would be a good first customer in Europe for it as they are the only ones with enough EV and battery tech experience to pull it off. 4680 is a good candidate for it, integrated in the new Model Y. All others always rely on third party battery tech which makes them super slow and conservative.

 

[cosors]

Fortescue's 550MW landmark green hydrogen project nears collapse as site owner plans to sell the land | Hydrogen Insight

The renewable H2 developer had already put the project on hold due to high electricity prices

www.hydrogeninsight.com

It's proving to be a hard nut to crack this Hydrogen/ fertiliser business... extremely energy intensive.

Better in The Bar, because too much opinion:
Many years ago, I thought that the green transition would not be a problem. To ramp up research in this country and to produce so much electricity with nuclear energy that the inefficient production of CO²-saving technology can be established in the beginning. Once that is in place, we can phase out nuclear energy.

It turned out differently, the general ‘no’ and the nuclear phase-out coincided with the demand for more renewable energy. The result: the expensive solar cell production no longer exists and our last wind turbine manufacturer has relocated its production to them, which is simply solving the problem with hundreds of new coal mines and coal-fired power plants. And we are desperately trying to buy hydrogen all over the world, even from oil-producing countries.

Energy costs are so high here that we are facing the collapse of our heavy industry. This has been caused by the general ‘no’ to alternatives and the general ‘yes’ to alternative energy. This sentence encapsulates the dilemma.

But the world will continue to turn, no matter what we do.

Even in the narrow circle, I received no understanding from such politically oriented people for my thesis that the biggest lever for a successful green transition in this country is to keep these key industries here and not to relocate them to countries that don't care about the issue itself and only care about how they can produce what we need.

Now we are experiencing the opposite of what was always demanded. And the media are taking a completely different position.

 

[ACinEur]

Very quiet in the bar, are we all sipping our whiskey wondering where the offtakes are? Does anyone know out Mark is back Europe?
I must admit I’m rather surprised there has been this much silence. Thoughts anyone, or am I drinking alone?

 

[curiousmagpie]

Very quiet in the bar, are we all sipping our whiskey wondering where the offtakes are? Does anyone know out Mark is back Europe?
I must admit I’m rather surprised there has been this much silence. Thoughts anyone, or am I drinking alone?

What Mark promises

what Mark delivers

 

[JNRB]

What Mark promises

View attachment 73009



what Mark delivers

View attachment 73007

Downramper alert.

Poor diddums has to be a little bit patient.

Let's just ignore the grant funding, other permits granted, recycling partnerships....

I need my offtakes NOW!!!


It's November, these are Europeans, if we get the offtakes signed early in the new year, that IS what rapid action looks like for them.

Or if you desperately need a floodgat/dam analogy analogy for this to make sense to you:
The floodgate has been opened, but it's not water built up behind it, it's molasses.


So please stop your endless whinny downramping posts about not getting offtakes signed IMMEDIATELY after getting the permit.

 

[curiousmagpie]

Downramper alert.

Poor diddums has to be a little bit patient.

Let's just ignore the grant funding, other permits granted, recycling partnerships....

I need my offtakes NOW!!!


It's November, these are Europeans, if we get the offtakes signed early in the new year, that IS what rapid action looks like for them.

Or if you desperately need a floodgat/dam analogy analogy for this to make sense to you:
The floodgate has been opened, but it's not water built up behind it, it's molasses.


So please stop your endless whinny downramping posts about not getting offtakes signed IMMEDIATELY after getting the permit.

endless whiny posts? I’ve made two posts about offtakes in the 3 weeks since permit news. Meanwhile the stock is down 30% again and some poor souls who bought at high on permit news day are already down nearly 40%. Tell me the market wasn’t expecting news to flow after the permit.

I should’ve trusted my instincts and sold when I heard the webinar waffle about anode prices.

 

[Semmel]

Very quiet in the bar, are we all sipping our whiskey wondering where the offtakes are? Does anyone know out Mark is back Europe?
I must admit I’m rather surprised there has been this much silence. Thoughts anyone, or am I drinking alone?

Actually, I didn't expect an offtake by last week. There are always negotiations going on and I am quite concerned that we will not find a buyer with favorable conditions for us due to China flooding the market. But I hope some negotiations finish this or next week. If it's not on this timeline, I would think that Mark description about the floodgates situation has fizzled out due to the long delay. If we reach some agreement in the next 2 weeks.. there is a chance to also finalize financing before Christmas. Would be a nice present for sure. Let's keep our fingers crossed!

To be honest, I a quite annoyed by the market going down on us like that. I did not expect auch a strong first reaction but I also did t expect the deep fade either.

 

[manny100]

Actually, I didn't expect an offtake by last week. There are always negotiations going on and I am quite concerned that we will not find a buyer with favorable conditions for us due to China flooding the market. But I hope some negotiations finish this or next week. If it's not on this timeline, I would think that Mark description about the floodgates situation has fizzled out due to the long delay. If we reach some agreement in the next 2 weeks.. there is a chance to also finalize financing before Christmas. Would be a nice present for sure. Let's keep our fingers crossed!

To be honest, I a quite annoyed by the market going down on us like that. I did not expect auch a strong first reaction but I also did t expect the deep fade either.

If its a good thing like TLG I do not worry about pre commercial market floggings.
Worrying about market floggings prevented me from putting a heap into a NASDAQ ETF after the GFC and NVIDIA at around 30 cents.

 

[curiousmagpie]

Of course the pre-commercial market floggings matter when you need to raise equity. It stops you realizing fully value from a good project.

Not to mention the risk of a single asset producer trying to get a technically difficult project online while carrying over $500MM debt. These things do get going but it’s often not the shareholders that see the full benefits. This is why institutional money is holding off, they’re waiting to pick through the bones of it. Creasy is a very shrewd operator, why is he sitting on some freebies and a small small placement investment instead of cornerstoning it? He knows where the money is to be made and it’s not at this stage.

 

[WheresTheMonkey]

Actually, I didn't expect an offtake by last week. There are always negotiations going on and I am quite concerned that we will not find a buyer with favorable conditions for us due to China flooding the market. But I hope some negotiations finish this or next week. If it's not on this timeline, I would think that Mark description about the floodgates situation has fizzled out due to the long delay. If we reach some agreement in the next 2 weeks.. there is a chance to also finalize financing before Christmas. Would be a nice present for sure. Let's keep our fingers crossed!

To be honest, I a quite annoyed by the market going down on us like that. I did not expect auch a strong first reaction but I also did t expect the deep fade either.

I don't expect any offtakes until this is finalised..............Once the permit is in the clear then there is no further impediment to FID and production other than funding of course

ASX Release 18 October 2024

The statutory process for exploitation concession decisions allows for appeals to be lodged to the Swedish Government’s Ministry of Climate and Enterprise within a five-week period. The Talga Board of Directors’ ability to approve a Final Investment Decision (“FID”) on the Vittangi Anode Project is contingent upon finalisation of key mine permit approvals and advancement of customer offtake agreements. Following FID the estimated project construction timeline, including commissioning, is 18-24 months to first production.

 

[DAH]

I don't expect any offtakes until this is finalised..............Once the permit is in the clear then there is no further impediment to FID and production other than funding of course

ASX Release 18 October 2024

The statutory process for exploitation concession decisions allows for appeals to be lodged to the Swedish Government’s Ministry of Climate and Enterprise within a five-week period. The Talga Board of Directors’ ability to approve a Final Investment Decision (“FID”) on the Vittangi Anode Project is contingent upon finalisation of key mine permit approvals and advancement of customer offtake agreements. Following FID the estimated project construction timeline, including commissioning, is 18-24 months to first production.

Then we had the SC dismiss appeals on 31 October. The ANN states:

Talga’s board would be in a position to approve a Final Investment Decision (“FID”) on the Vittangi Anode Project following finalisation of customer offtake agreements and financing structures. The anticipated timeline for project construction, including commissioning, is projected to be 18-24 months
to first production following FID.

The reference to the "key mine permits" has been taken out. IMO, based on construction timelines and the fact the Natura 2000 permit is now in force, it doesnt make sense to me that the mining concession will be an impediment to FID. Of course, some parties may use it in negotiating terms but it shouldn't be a deal breaker. I could of course be wrong but I hope not

 

[cosors]

"Top politicians in Norrbotten want tougher measures against the crypto sector​

Published November 18, 2024

In Norrbotten, several companies have been revealed for crypto mining. Now, Member of Parliament Mattias Karlsson (M) wants to see clearer legislation against the extraction.

SVT Norrbotten has previously revealed that several companies in Boden are engaged in crypto mining. An activity that consumes huge amounts of electricity.

In line with the green transition, greater competition for electricity is also expected. Mattias Karlsson (M), group leader for the Moderates in Parliament, wants to see legislation that clarifies the guidelines.

- We should consider legislation that helps us achieve our climate goals. That is, prioritize activities with high social benefit, he says.

“Deeply worrying”​

After reading the Swedish Tax Agency's investigation and watching SVT Norrbotten's review, Mattias Karlsson wants to see a change.

- “It is deeply worrying and I think this proves the need for stricter control and a new regulatory framework for the crypto sector in Sweden”, he says."

"Big problems for green transition - but Piteå company goes against the grain​

Published today 05:30

The industrial transition has been put to great tests at an early stage. In Piteå, there is a company that has succeeded - but the problems to achieve success are many, according to CEO David Öquist.

Across Norrbotten and Västerbotten, major industrial transformations have encountered major setbacks in their early stages.

Investment costs are enormous and the problems of battery manufacturer Northvolt in particular have raised questions about the so-called green transition.

Residues become fuel​

One company that has already succeeded, however, is Sunpine in Piteå. The company produces raw pine diesel, a biofuel made from waste products from the pulp and paper industry.

But they also had to struggle in the beginning.

- “The difficult thing is that the stakes are so high. They have to be, but you have to identify when the revenue will come in order to survive,” says CEO David Öquist.

Growing sustainably​

Another problem that David Öquist sees when he analyzes other industrial investments is that the work of growing is going far too fast.

- “The initial years will be tough, and they were for us too. But I believe that growing in a sustainable way is the reason why we have succeeded.

Political resistance​

One problem that arose for the company was when the reduction obligation on diesel was reduced from 30 percent to six percent in 2024. One reason why the factory could not run at full power during the year. But by 2025, they have redirected operations to focus more on foreign markets.

- “I might be a little worried about Sweden in the future. I think there should also be a place in a Swedish market,” says Öquist."

SVT Nyheter

SVT Nyheter med senaste nytt om dagens viktigaste nyheter, live, lokala nyheter, väder, recensioner och sportens målservice.

www.svt.se

 

[Diogenese]

"Top politicians in Norrbotten want tougher measures against the crypto sector​

Published November 18, 2024

In Norrbotten, several companies have been revealed for crypto mining. Now, Member of Parliament Mattias Karlsson (M) wants to see clearer legislation against the extraction.

SVT Norrbotten has previously revealed that several companies in Boden are engaged in crypto mining. An activity that consumes huge amounts of electricity.

In line with the green transition, greater competition for electricity is also expected. Mattias Karlsson (M), group leader for the Moderates in Parliament, wants to see legislation that clarifies the guidelines.

- We should consider legislation that helps us achieve our climate goals. That is, prioritize activities with high social benefit, he says.

“Deeply worrying”​

After reading the Swedish Tax Agency's investigation and watching SVT Norrbotten's review, Mattias Karlsson wants to see a change.

- “It is deeply worrying and I think this proves the need for stricter control and a new regulatory framework for the crypto sector in Sweden”, he says."

"Big problems for green transition - but Piteå company goes against the grain​

Published today 05:30

The industrial transition has been put to great tests at an early stage. In Piteå, there is a company that has succeeded - but the problems to achieve success are many, according to CEO David Öquist.

Across Norrbotten and Västerbotten, major industrial transformations have encountered major setbacks in their early stages.

Investment costs are enormous and the problems of battery manufacturer Northvolt in particular have raised questions about the so-called green transition.

Residues become fuel​

One company that has already succeeded, however, is Sunpine in Piteå. The company produces raw pine diesel, a biofuel made from waste products from the pulp and paper industry.

But they also had to struggle in the beginning.

- “The difficult thing is that the stakes are so high. They have to be, but you have to identify when the revenue will come in order to survive,” says CEO David Öquist.

Growing sustainably​

Another problem that David Öquist sees when he analyzes other industrial investments is that the work of growing is going far too fast.

- “The initial years will be tough, and they were for us too. But I believe that growing in a sustainable way is the reason why we have succeeded.

Political resistance​

One problem that arose for the company was when the reduction obligation on diesel was reduced from 30 percent to six percent in 2024. One reason why the factory could not run at full power during the year. But by 2025, they have redirected operations to focus more on foreign markets.

- “I might be a little worried about Sweden in the future. I think there should also be a place in a Swedish market,” says Öquist."

SVT Nyheter

SVT Nyheter med senaste nytt om dagens viktigaste nyheter, live, lokala nyheter, väder, recensioner och sportens målservice.

www.svt.se

The solution is to make the crypto miners obtain environmental approval ...

 

[cosors]

...the next one

"Sami village appeal against mining company rejected​

November 6, 2024
Gabna Sami village had appealed Viscaria's environmental permit for mining activities. The appeal is now rejected by the Land and Environment Court of Appeal"