TLG Ann: Talga Investor Webinar - 25th Jul 2022, 12:58pm

[annb0t]

TLG Ann: Talga Investor Webinar
Price Sensitive: N
Date: 25th Jul 2022, 12:58pm

>>> Read announcement: Google: TLG Market Announcements

 

[WheresTheMonkey]

Don't read anything negative or positive into this yet as his responsibility is to keep the ASX informed of any material announcements. This is just a Q & A I'd say. Unless this is going to be a follow up to an announcement to the ASX in the next few days other than the Quarterly i.e. Mitsui ?

 

[cosors]

You are right. I add that it comes to my thoughts. Questions may be asked and it is recorded as published.

 

[Semmel]

Ohh wow, very cool! I have so many questions.. but let's think about which questions we can ask that have a realistic chance to get answers

 

[WheresTheMonkey]

Ohh wow, very cool! I have so many questions.. but let's think about which questions we can ask that have a realistic chance to get answers

Are you going to ask why technical results have not been forthcoming?

 

[WheresTheMonkey]

I'm betting on an announcement one way or the other possibly Tuesday next week in preparation for webinar the next day. MT is front running the decision. Otherwise why have a webinar out of the blue? This is either a damage control exercise or a project funding break through. I'm thinking positive as why announce anything prior to 31 August when they can just announce to the ASX that day that the MOU has lapsed ?

Anyway that's my guess

Mitsui, at their discretion, will have the non-exclusive right to negotiate and enter into relevant binding agreements prior to the MoU expiry date on 31 August 2022. Should binding agreements be entered into the Company will release details in accordance with its disclosure obligations at that time. - 13 December 2021

 

[Semmel]

Are you going to ask why technical results have not been forthcoming?

I was thinking exactly that. I mean, they can always not answer.

 

[WheresTheMonkey]

I was thinking exactly that. I mean, they can always not answer.

Then you add to your question "if you cannot answer my question could you elaborate on why you cannot answer it".....LOL

 

[cosors]

I would be interested to know what the deal is with the approved crusher relocation and whether NE requires a permanent relocation. And how the security of 40M (€?) required by the Kiruna administration is ensured.

 

[cosors]

I'm betting on an announcement one way or the other possibly Tuesday next week in preparation for webinar the next day. MT is front running the decision. Otherwise why have a webinar out of the blue? This is either a damage control exercise or a project funding break through. I'm thinking positive as why announce anything prior to 31 August when they can just announce to the ASX that day that the MOU has lapsed ?

Anyway that's my guess

Mitsui, at their discretion, will have the non-exclusive right to negotiate and enter into relevant binding agreements prior to the MoU expiry date on 31 August 2022. Should binding agreements be entered into the Company will release details in accordance with its disclosure obligations at that time. - 13 December 2021

Maybe the webinar comes because they are inundated with questions or simply because they are reading along here

 

[Affenhorst]

I was thinking exactly that. I mean, they can always not answer.

Depending on which technical results you mean, this may not be very elucidating. If you're thinking of battery performance characteristics (you've discussed this before), bear in mind that

a) They are likely under NDAs with their customers that prevent the publication of such information.

b) Any results may not be generalizable, as battery performance depends on much more than just the anode.

So I feel there are probably better questions to ask. Cheers!

 

[WheresTheMonkey]

@cosors didn't that job advertisement you posted favour individuals with Japanese language skills ?

 

[cosors]

@cosors didn't that job advertisement you posted favour individuals with Japanese language skills ?

I also noticed

 

[cosors]

@cosors didn't that job advertisement you posted favour individuals with Japanese language skills ?

Only the Chinese language skills I can not sort, looked again and overlooked before

 

[TentCity]

Only the Chinese language skills I can not sort, looked again and overlooked before

I was thinking that might be for the big binding offtake deal Talga may sign with LTT & Foxconn

 

[cosors]

I was thinking that might be for the big binding offtake deal Talga may sign with LTT & Foxconn

You are absolutely right! I overlooked the fact that Mandarin is also spoken there.

reminder:
"Long Time Technologies partners with Talga Group for “better” batteries

• 2021 / 11 / 17

Talga Group (TLG) has signed a technology and commercial battery anode memorandum of understanding with Long Time Technology.
Long Time Technology (LT Tech) is a manufacturer of anode materials used in lithium-ion batteries.

With headquarters in Taiwan, LT Tech serves global battery customers from four production centres utilising natural and synthetic graphite.

The non-binding memorandum of understanding follows initial testing of LG’s natural graphite Talnode-C product and LT Tech’s synthetic battery anode products, which assessed scaled up supply and evaluation of joint anode materials and blends.

Now, the companies plan to enter an anode testing contract (ATC) to secure increasing volumes of materials for larger cell trials and to complete qualification programs for select customers.
TLG plans to use materials produced from its existing anode facilities and upcoming electric vehicle anode plant in Luleå, Sweden.

Under the ATC, the parties will consider volumes, pricing, intellectual property and how to align commercial goals.
Once the anode testing is complete, the parties plan to enter a supply contract, securing supply volume to customers at the mass production level from both company’s operations.

According to Talga, this contract will consider environmental impacts and life cycle
assessments of both parties’ products.
Further, delivery destinations will be defined within European and Asian markets. Supply volumes will be co-ordinated with the progression and start up of Talga’s commercial anode production."
https://www.lttech.com.tw/en/long-time-technologies-partners-with-talga-group-for-better-batteries/

That can indeed be that we will soon hear something new here!

 

[Vigdorian]

I'm betting on an announcement one way or the other possibly Tuesday next week in preparation for webinar the next day. MT is front running the decision. Otherwise why have a webinar out of the blue? This is either a damage control exercise or a project funding break through. I'm thinking positive as why announce anything prior to 31 August when they can just announce to the ASX that day that the MOU has lapsed ?

Anyway that's my guess

Mitsui, at their discretion, will have the non-exclusive right to negotiate and enter into relevant binding agreements prior to the MoU expiry date on 31 August 2022. Should binding agreements be entered into the Company will release details in accordance with its disclosure obligations at that time. - 13 December 2021

I’d love for you to be right but it feels a little early for project funding , It’s only been 5 weeks since the appointment of burnvoir as the specialist financial advisor and not all the variables are known…

 

[WheresTheMonkey]

I’d love for you to be right but it feels a little early for project funding , It’s only been 5 weeks since the appointment of burnvoir as the specialist financial advisor and not all the variables are known…

Yeah you are probably right. Ok so it’s Mitsui in or out ( I say in) or an offtake conditional on permits

I wonder what our shorters are thinking

 

[WheresTheMonkey]

Yeah you are probably right. Ok so it’s Mitsui in or out ( I say in) or an offtake conditional on permits

I wonder what our shorters are thinking

If this is all about Mitsui being out then TLG would need to disclose that immediately to the ASX/Market before word gets out.

Otherwise it must have to do with something that has yet to be signed and then notified to the ASX which is what we are all hoping for

 

[TentCity]

If this is all about Mitsui being out then TLG would need to disclose that immediately to the ASX/Market before word gets out.

Otherwise it must have to do with something that has yet to be signed and then notified to the ASX which is what we are all hoping for

Yeah really good point. I was leaning towards this being an exercise by Mark to reassure the troops that all is well and under control despite another potential JV partner walking away after LKAB last year. However, if Mitsui walking away was going to be addressed as a core part of the webinar, then it should be announced immediately if it known by the company.

Therefore, it is either just a general update/Q&A, which hasn’t been done for a couple of years or there could be new information that might be about to surface that will be announced just ahead of the webinar that may have been the catalyst.

As I’ve mentioned before, I think Mark is an introvert and prefers to keep a low profile and not overly comfortable doing too much media - so I am glad to see this. I don’t think he has done a single video/audio interview for the entirety of 2022 - happy to stand corrected on this. He has been quoted in articles, but no actual video/audio interviews in a Eureka Report or Stockhead publication for example.

Would be great to get a big unexpected announcement ahead of the webinar that the market hasn’t priced in, but I’m moderating my expectations for now. Let’s hope for a pleasant surprise!