TLG Discussion 2022

beserk

Regular
I have read the EU announcement of the CRMA from last year. You can find it here..


This is a direct quote from the press release re the need for the CRMA.. "So that the time from the start of exploration work to a mine or a refining facility possibly opening is no longer a question of decades."

According to this press announcement it is up to the individual states to nominate projects within its borders that should be considered under the proposed EU legislation.

But I think the present Swedish Government including Ebba Busch Minister for Energy, Business and Industry, Deputy Prime Minister are very well informed and aware of the strategic importance of Talga graphite for EU.

And so should EU be since the January visit of EU commissioners to Kiruna at the start of the Swedish Presidency of the EU council.

🇪🇺EU stars aligned in the skies above Kiruna in January and European sourced graphite and REEs should be in front of minds of EU politicians when drafting the CRMA.

No worries,

⚒️ 🚛 🚇...

-beserk
 
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anbuck

Regular
The clause about pooling demand and negotiating as a unit could be one of the clauses that Mark was talking about when he said that some portions of the bill might have a negative impact on Talga. How would that not violate laws? It seems like the definition of a monopsony.
 

cosors

👀
New job posting:
1 day ago

"Accounting economist/Finance assistant​

As an Accounting Economist/Finance Assistant, you will work in a fast-growing global company. You are responsible for handling supplier invoices in Sweden and Germany. You will work with reconciliations and monthly closings. Talga recently introduced SAP and you will actively participate in implementing the management of supplier invoices in SAP.

You will work with:
  • The entire process in the accounts payable for several entities using the SAP business system
  • Manage the process of new suppliers and account maintenance
  • Ensure invoices are correctly allocated to projects and departments according to approved budgets
  • Supplier reconciliations
  • Prepare reports for payment review
  • Work with purchase requests and purchase orders
  • Fill in VAT returns
  • Complete bank reconciliations and manage bank details as needed
  • Manage credit card reconciliations
  • Work with monthly reports incl. accounting and ledger reconciliations
  • Work with half-year and year-end closing activities
  • Work with half-year audits and annual audits
  • Communicate with the Talga team in Sweden, Germany and Australia
  • Any statutory reporting
  • Ad-hoc work tasks"
https://se.linkedin.com/jobs/view/redovisningsekonom-ekonomiassistent-at-talga-ab-3516883903
 
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The clause about pooling demand and negotiating as a unit could be one of the clauses that Mark was talking about when he said that some portions of the bill might have a negative impact on Talga. How would that not violate laws? It seems like the definition of a monopsony.
I could be understanding it completely wrong but I read it as them setting up an entity to act as mediator between compaines both on supply and demand side which sounds good but anyone could identify possible conflict of interest and bad incentives for such a position. State control over the means of production is a story as old as Marx. Hopefully they can find and remove the cancers like these before their influences reach critical mass.
 
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New job posting:
1 day ago

"Accounting economist/Finance assistant​

As an Accounting Economist/Finance Assistant, you will work in a fast-growing global company. You are responsible for handling supplier invoices in Sweden and Germany. You will work with reconciliations and monthly closings. Talga recently introduced SAP and you will actively participate in implementing the management of supplier invoices in SAP.

You will work with:
  • The entire process in the accounts payable for several entities using the SAP business system
  • Manage the process of new suppliers and account maintenance
  • Ensure invoices are correctly allocated to projects and departments according to approved budgets
  • Supplier reconciliations
  • Prepare reports for payment review
  • Work with purchase requests and purchase orders
  • Fill in VAT returns
  • Complete bank reconciliations and manage bank details as needed
  • Manage credit card reconciliations
  • Work with monthly reports incl. accounting and ledger reconciliations
  • Work with half-year and year-end closing activities
  • Work with half-year audits and annual audits
  • Communicate with the Talga team in Sweden, Germany and Australia
  • Any statutory reporting
  • Ad-hoc work tasks"
https://se.linkedin.com/jobs/view/redovisningsekonom-ekonomiassistent-at-talga-ab-3516883903
That's a relatively intermediate position in accounting terms however what it does tell us is they are setting themselves up for a fairly high volume transactional environment which looks like it will be reporting directly to Perth HO. Probably someone with perhaps 5 years experience would suit the role. In Australia it would pay around AUD$90 to AUD$120K depending on whether you were after a CA or CPA rather than a graduate without professional body membership.

But more importantly it again suggests that MT and Melissa Roberts ( CFO in Perth) believe the permits will not be an issue.

Something or more likely Someone must be giving them this confidence other than the recent Court hearing
 
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cosors

👀
That's a relatively intermediate position in accounting terms however what it does tell us is they are setting themselves up for a fairly high volume transactional environment which looks like it will be reporting directly to Perth HO. Probably someone with perhaps 5 years experience would suit the role. In Australia it would pay around AUD$90 to AUD$120K depending on whether you were after a CA or CPA rather than a graduate without professional body membership.

But more importantly it again suggests that MT and Melissa Roberts ( CFO in Perth) believe the permits will not be an issue.

Something or more likely Someone must be giving them this confidence other than the recent Court hearing
That was my thought as well. Nice to see that the team continues to expand in all directions.
The new QAM position is also interesting as it operates out of Stockholm. The one will have one of the most interesting insights and looks behind the scene ever regarding the technical side of the collaborations. Permanently approving all products at the customers, knowing all figures and compositions, Semmel would have to faint with happiness - LoL
 
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cosors

👀
🤣

This is a major stock magazine in Germany that advertises the report here.

"Today, 12:10 p.m. ‧ THE SHAREHOLDER

Graphite: The better lithium

The biggest raw material beneficiary of the triumph of electric mobility is not lithium, but graphite. This is the result of a new survey by the World Bank. This sees the demand for graphite literally exploding in the course of the global green energy transformation in the next few years. No other raw material should benefit as much from the energy transition. While there are lithium deposits in the US, there are no graphite mines that can produce material of the quality required by the battery industry.

In his new report "Graphite: The better lithium", André Fischer presents a lithium specialist who has holdings in valuable graphite mines.

The secret favorite has also developed a potentially revolutionary storage solution based on vanadium redox flow batteries. Storage systems of this type are very well suited for use in wind farms and solar parks. This powerful application is now apparently on the verge of mass market breakthrough. Included as a gift with the report is a high explosive graphite explorer in possession of a new world-class graphite project.

The net asset value of this deposit is over 4,000 percent above the current market capitalization of the hot stock; the target price of an analysis company is a good 1,100 percent above the current share price. The latter title is tradable in Europe, but not in Germany. But you shouldn't wait too long to get started with the main recommendation either, as there will be a special event day in a few days, on which significant news could be announced. More exciting information on the areas of lithium, graphite and vanadium can now be found in the new 10-page share report "Graphite: The better lithium" .


Graphite: The better lithium​

Date of publication: 03/10/2023
1678449380740.png
"
https://www.deraktionaer.de/artikel...ium-20328102.html?feed=TRtvHrugxEKV2n-qR2P-ag

Actually I know what I need to know. I remind you that in all these years my country has not managed to name the only significant graphite source in Europe and have not even named the first non-Chinese anode factory. It's as if they are blind or have other interests. So I don't expect anything from this report except that the basic statement is true. - 😅
 
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It is not much fun to look at one's own share portfolio at the moment, but I hope that apart from macroeconomic issues (inflation, banking crisis, war) we have an exciting and enlightening three weeks ahead of us:
  • 10 March: EU and White House publish joint statement on targeted critical minerals agreement
  • 16 March: EU's Net-Zero Industry Act & Critical Raw Materials Act are going to be published
  • 20 March: Inclusion in the ASX 300
  • 24 March: Decision on Anode Refinery Permit could become into force
  • 28/29 March: Talga sponsors and presents at Benchmark Minerals Event "Battery Gigafactories Europe"
  • 31 March: Memorandum of understanding with Mitsui expires, we should receive an announcement on that date
  • 5 April: Announcement of decision on Graphite Mine Permits in Vittangi

My feeling is that we have the permits in the bag, but I am really curious to see if Talga can and wants to actually finalise its offtake agreements that are in the room. I wouldn't be surprised if they can't (yet) get their asking price right and therefore try to push the project forward as long as possible even without off-take agreements until the market situation changes a bit and the market price of graphite/anode material hopefully changes in Talga's favour over the next 2 years. I had the impression that the focus of Mark's recent webinars and comments was increasingly on issues such as recycling and talnode SI (which fits very well with the EU and US agenda and possible funding). It remains exciting.
 
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It is not much fun to look at one's own share portfolio at the moment,
Yeah but it's still nowhere near down as much as everything was last June.
 

Vigdorian

Regular
It is not much fun to look at one's own share portfolio at the moment, but I hope that apart from macroeconomic issues (inflation, banking crisis, war) we have an exciting and enlightening three weeks ahead of us:
  • 10 March: EU and White House publish joint statement on targeted critical minerals agreement
  • 16 March: EU's Net-Zero Industry Act & Critical Raw Materials Act are going to be published
  • 20 March: Inclusion in the ASX 300
  • 24 March: Decision on Anode Refinery Permit could become into force
  • 28/29 March: Talga sponsors and presents at Benchmark Minerals Event "Battery Gigafactories Europe"
  • 31 March: Memorandum of understanding with Mitsui expires, we should receive an announcement on that date
  • 5 April: Announcement of decision on Graphite Mine Permits in Vittangi

My feeling is that we have the permits in the bag, but I am really curious to see if Talga can and wants to actually finalise its offtake agreements that are in the room. I wouldn't be surprised if they can't (yet) get their asking price right and therefore try to push the project forward as long as possible even without off-take agreements until the market situation changes a bit and the market price of graphite/anode material hopefully changes in Talga's favour over the next 2 years. I had the impression that the focus of Mark's recent webinars and comments was increasingly on issues such as recycling and talnode SI (which fits very well with the EU and US agenda and possible funding). It remains exciting.
Verkor offtake is also meant to be finalized by Q1 2023
 
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Monkeymandan

Regular
Verkor offtake is also meant to be finalized by Q1 2023
Safe to say that won’t be executed until after 5 April.

I think we’ll see the resource upgrade pretty quickly after 5 April too. Strongly suspect there was a strategic factor at play in holding this back prior to permitting decision, given the objections of the Sami that permits are being sought in a staged manner.

Not long now. Throwing every bit of loose change at this unexpected buying opportunity in the run up. Curious to see what happens on Monday with the ASX300 listing. My super for one will be getting a good dose of TLG.
 
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TentCity

Regular
Safe to say that won’t be executed until after 5 April.

I think we’ll see the resource upgrade pretty quickly after 5 April too. Strongly suspect there was a strategic factor at play in holding this back prior to permitting decision, given the objections of the Sami that permits are being sought in a staged manner.

Not long now. Throwing every bit of loose change at this unexpected buying opportunity in the run up. Curious to see what happens on Monday with the ASX300 listing. My super for one will be getting a good dose of TLG.
Yeah i tend to agree that regarding the resource upgrade and timing of any agreement with Verkor and likely ACC will come post the permit decision.

I enjoyed Ursula Von der Leyen's speech to the EU Parliament last night speaking to the Green Industrial Plan and breakthroughs in the negotiations with the USA to ensure:
- European raw materials mined and/or processed in the EU are recognised under the IRA; and
- European manufactured EV's are similarly recognised under the IRA for export to the US.

I believe Thierry Breton will be announcing the finer details of the CRM & NZI Acts tomorrow European time (tonight Aus time) - so look forward to seeing what additional details/adjustments they have made to support measures after the feedback they've received post the leaking of some of the details.

Hopefully this mini banking crisis can be contained quickly and doesn't derail the positive news these deals will provide for companies like Talga.
 
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beserk

Regular
Yes the contagion of the US banking crisis has spread to Credit Suisse and other financing bodies in EU. And has caused general contraction of US and EU stockmarket for sure. That is an outside influence on the SP that has to be taken into consideration.


And can only agree that hopefully this wont be another near death experience like 2008

⚒️.🚛.🚇...

-beserk




 
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Yes the contagion of the US banking crisis has spread to Credit Suisse and other financing bodies in EU. And has caused general contraction of US and EU stockmarket for sure. That is an outside influence on the SP that has to be taken into consideration.


⚒️.🚛.🚇...

-beserk




I tend to agree. Given current market sentiment a positive permit decision might barely push us just over $2. And that might be optimistic

Other announcements might be needed to keep it there

The hangover from cheap money during covid is getting worse

Goal Omg GIF by JustViral
 
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BigDog

Regular
I believe even with current market factors playing out this is the last chance saloon for ‘cheap’ TLG stock. Yes sp may continue down, along with the entire world, yet with permit decision so near a bounce will be certain if a positive outcome is announced.

If what we are led to believe is true there are many milestones coming due ‘asap’! Permits, financing, offtake agreements, resource upgrade all of which are very likely in place however awaiting permits before sharing with us common folk. Let’s not forget about Talnode Si developments.

Disclosure: I topped up today.
 
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TentCity

Regular
I believe even with current market factors playing out this is the last chance saloon for ‘cheap’ TLG stock. Yes sp may continue down, along with the entire world, yet with permit decision so near a bounce will be certain if a positive outcome is announced.

If what we are led to believe is true there are many milestones coming due ‘asap’! Permits, financing, offtake agreements, resource upgrade all of which are very likely in place however awaiting permits before sharing with us common folk. Let’s not forget about Talnode Si developments.

Disclosure: I topped up today.
Yep, lots of catalysts coming up over the next few weeks that may make today's share price very attractive to enter or top up.

Given the market volatility over the past few weeks and mini bank crisis, it makes the timing of Talga's most recent cap raise pretty spot on to minimise dilution and give the company a healthy buffer to ride out the next few months if things deteriorate further.

Fingers crossed the US Fed & EU move quickly to reassure markets and MT gets the green light to go VERY BIG for a Stage 2 development!
 
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Diogenese

Top 20
Yes the contagion of the US banking crisis has spread to Credit Suisse and other financing bodies in EU. And has caused general contraction of US and EU stockmarket for sure. That is an outside influence on the SP that has to be taken into consideration.


And can only agree that hopefully this wont be another near death experience like 2008

⚒️.🚛.🚇...

-beserk




Maybe the Swiss "confidential" banking model failed to meet the bitcoin challenge.

Also the US covid interest rates are more appealing than their -0.75%.
 
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On a different note has the ASX changed their method of reporting Shorts ?

They used to only report Gross Shorts (and we had to then rely on Shortman with 5 day old data to get the Net)

But now in a different portal they seem to be reporting Net Shorts. It's data is 2 days old and I cannot access the old portal

Take a look at........... https://www2.asx.com.au/participants/participants-resource/securities-lending-disclosure

Then go to ""Daily Market Report of Outstanding Borrowed Positions" towards bottom of page

Then there is ""Daily Market Report of Outstanding Loaned Positions"

Is this what I think it is ?
 
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Semmel

Top 20
I tend to agree while in normal circumstances, the coming events would run us way higher if positive, i have the impression the world has currently little apatite to invest in risky small businesses, like us, no matter the news. We might not see a large peak with this makro unfortunately. Doesn't change the quality of the company, but i would have loved to see some hype for us for a change. Sigh. Hopefully the market surprises us to the upside :)
 
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Monkeymandan

Regular
Yeah i tend to agree that regarding the resource upgrade and timing of any agreement with Verkor and likely ACC will come post the permit decision.

I enjoyed Ursula Von der Leyen's speech to the EU Parliament last night speaking to the Green Industrial Plan and breakthroughs in the negotiations with the USA to ensure:
- European raw materials mined and/or processed in the EU are recognised under the IRA; and
- European manufactured EV's are similarly recognised under the IRA for export to the US.

I believe Thierry Breton will be announcing the finer details of the CRM & NZI Acts tomorrow European time (tonight Aus time) - so look forward to seeing what additional details/adjustments they have made to support measures after the feedback they've received post the leaking of some of the details.

Hopefully this mini banking crisis can be contained quickly and doesn't derail the positive news these deals will provide for companies like Talga.
Yes a big evening ahead with the CRM Act. Will be interesting to see if it’s evolved from the leaked draft. I was a little surprised at the 10% quota for raw material supply from within the EU, although when it comes to graphite, the 40% figure for processing is more relevant. There is only one supplier in Europe with the capability to process flake to anode currently, and could be years until others are qualifying material with OEM’s. That’s some serious reliance on Talga.

You’re right about the wider macro conditions though. Here’s hoping the contagion can be contained, so we get to see this SP really stretch it’s legs as the catalysts fall like skittles!
 
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