TLG Discussion 2022

OK so ASIC confirmation that Kinetic's finance licence is no longer. Ceased last week on 04/01/2024
Hang on.............am I a bit slow on the uptake here.

Let's read between the lines..............

I would have thought that Kinetic (under Administration) could only continue to hold public/or institutional funds if they have a finance license. It would follow that the Administrator would only hand in the license if Kinetic no longer held public/or institutional funds therefore has no further need for it

Therefore does this mean that the shares/units held by Kinetic in ALL of it's ASX investments no longer exist (now liquidated) and it's holding in TLG has either been completely sold on market or perhaps to some extent sold in blocks.

Is the Fire Sale now over ?
 
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Semmel

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Hang on.............am I a bit slow on the uptake here.

Let's read between the lines..............

I would have thought that Kinetic (under Administration) could only continue to hold public/or institutional funds if they have a finance license. It would follow that the Administrator would only hand in the license if Kinetic no longer held public/or institutional funds therefore has no ned for it

Therefore does this mean that the shares/units held by Kinetic in ALL of it's ASX investments no longer exist (now liquidated) and it's holding in TLG has either been completely sold on market or perhaps to some extent sold in blocks.

Is the Fire Sale now over ?
I very much hope so! That kinetic thing was painful! Hope the stock reverts back to 1.5 AUD where it belongs :)
 
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Gero

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Hang on.............am I a bit slow on the uptake here.

Let's read between the lines..............

I would have thought that Kinetic (under Administration) could only continue to hold public/or institutional funds if they have a finance license. It would follow that the Administrator would only hand in the license if Kinetic no longer held public/or institutional funds therefore has no further need for it

Therefore does this mean that the shares/units held by Kinetic in ALL of it's ASX investments no longer exist (now liquidated) and it's holding in TLG has either been completely sold on market or perhaps to some extent sold in blocks.

Is the Fire Sale now over ?
It looks like the bulk of the Talga shares that Kinetic were managing belonged to UniSuper.


Screenshot 2024-01-02 224314.png


Their holdings reported as at the 30/6/23

3,036,860 Balanced Fund

3,930,293 Growth Fund

3,881,626 High Growth Fund

2,333,360 Australian Shares Fund

13,182,139 Total in all Funds


https://www.google.com.au/url?sa=t&...usg=AOvVaw0fvsuLsBll3QCwOfLPyj4m&opi=89978449


It is my understanding that these shares have been transferred back to UniSuper's control.

So, I don't think there are tens of millions left to sell.

As always DYOR.
 
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So, I don't think there are tens of millions left to sell.
Yeah @Gero I have no idea why Archer over at HC makes these broad statements like "See ya at 50 cents" or "there are tens of millions left to sell" when he presents nothing to back up his claims.
 

DAH

Regular
Yeah @Gero I have no idea why Archer over at HC makes these broad statements like "See ya at 50 cents" or "there are tens of millions left to sell" when he presents nothing to back up his claims.
Their poor attempt at misleading the uneducated in the hope of personal gain... too harsh? 😄
 
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Diogenese

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Do any of you know to what extent the conventional production of anode material from synthetic graphite causes waste water / environmental damage?
These hurdles must also be overcome by Chinese companies if larger anode factories are to be built in Scandinavia.
Well there is the Hazer (HZR) process:
https://hazergroup.com.au/

This produces hydrogen from gas using iron ore as a catalyst. The process produces graphite as well, acting as a carbon capture mechanism.
 

Diogenese

Top 20

"EU Approves $986 Million German State Aid For Northvolt’s Battery Plant, Matching US Subsidies​

The European Commission gave the green light to a $986 million German measure aimed at bolstering Swedish sodium-ion battery-batteries company Northvolt's initiative to build a battery production plant for electric vehicles in the country.

The sum sways Northvolt's decision towards Europe; absent this aid, the plant would have been situated in the United States, where comparable support was offered under the Inflation Reduction Act.

"This $986 million German measure is the first individual aid being approved to prevent an investment from being diverted away from Europe, under the new possibility offered by the Temporary Crisis and Transition Framework since March 2023,” said Margrethe Vestager, executive vice-president of the European Commission, responsible for competition policy.

Matching aid, said Vestager, is a European Union’s ‘new feature’ to allow European companies to find an equivalent sum of investment or aid in Europe, that they can receive in other jurisdictions.

Germany's proposed measure is designated to assist Northvolt in establishing a facility in the city of Heide, with an annual capacity of 60 GWh, able to produce batteries for approximately 800,000 to 1 million electric vehicles annually.

This investment aligns with the EU’s efforts to advance towards a net-zero economy, echoing the principles of the Green Deal Industrial Plan. “This is an important step for the electrification of transport in Europe while preserving the level playing field in the Single Market," said Vestager

Furthermore, the plant contructions alignes with the plans of the EU-block to produce more environmentally friendly and responsible batteries. The Swedish battery maker’ commercial sodium-ion battery cells are free from lithium, nickel, cobalt and graphite, limiting the outsourcing of raw materials. With the revision of the Batteries and Waste Batteries Regulation, it will be a prerequisite for commercialisations that batteries will be made with raw materials sourced respecting both environmental and human rights.

Plant’s operations are slated to start in 2026, with full production capacity expected by 2029."
https://www.forbes.com/sites/daniel...rthvolts-battery-plant-matching-us-subsidies/


"Quantum leap for electromobilityCan't burn:
Chinese launch new e-car with sodium battery
January 03, 2024
View attachment 53837
The new JAC Yiwei 3 with sodium-ion battery.

Electric cars with sodium-ion batteries are now being mass-produced in China for the first time. According to media reports, the Chinese e-car brand Yiwei has been producing a small electric car with a sodium-ion battery since the end of December, which is due to be delivered to the first customers this month.

It could be a quantum leap for electromobility: The new small electric car from Chinese brand Yiwei is now the first electric car with a sodium-ion battery to be mass-produced. Yiwei is a brand of the Anhui Jianghuai Automobile Group Corporation (JAC), which also has a joint venture with Volkswagen.

The Yiwei EV 3 is a compact electric vehicle whose cylindrical sodium-ion battery is manufactured by the Beijing-based company HiNa Battery, reports the industry portal CarNewsChina. Yiwei is still a young electric car brand that was only launched by JAC in 2023. The JAC parent company, Anhui Jianghuai Automobile Group Holdings (JAG), is 50 percent state-owned and 50 percent owned by the Volkswagen Group. The German automotive giant had already acquired the stake in 2020. However, according to Spiegel Online, Volkswagen was not involved in the development of the EV 3.

Sodium batteries are cheaper, safer and non-flammable
The Yiwei 3 emerged from the Sehol E10X prototype, which was also equipped with a sodium-ion battery. To date, most electric cars have lithium-ion batteries, but lithium is expensive and is sometimes mined under critical conditions. Sodium is a much cheaper raw material that is available in large quantities - for example in the form of common salt (sodium chloride). Sodium-ion batteries are also considered safer and are said to be non-flammable. However, they also have a lower energy density and are heavier than lithium-ion batteries.

The range of the Sehol E10X prototype is said to be 252 kilometers with the sodium-ion battery. The battery has a capacity of 25 kilowatt hours and can be charged from ten to 80 percent in 20 minutes. CarNewsChina gives the energy density as 120 watt hours per kilogram on a pack basis and 140 watt hours per kilogram on a cell basis. It is not yet known how expensive the Yiwei EV 3 will be.

At the end of 2023, Swedish battery manufacturer Northvolt announced that it had achieved a major success in the development of sodium-ion batteries. The energy storage system is more sustainable than batteries that use the usual chemicals made from nickel, manganese and cobalt or iron phosphate and does not require lithium or graphite. According to Tagesschau (German main news media), the Fraunhofer Institute sees great opportunities in the field of sodium batteries: "Thanks to their unique properties, a sodium-ion battery can press the reset button, so to speak, for the conventional way of thinking and using batteries. With sodium batteries, we can suddenly make use of a domestic raw material base that is independent of strategic, even critical imports," explains Michael Stelter, researcher at Fraunhofer IKTS and Director at the Center for Energy and Environmental Chemistry CEEC at Friedrich Schiller University (FSU) in Jena."
https://efahrer.chip.de/news/kann-n...bringen-neues-e-auto-mit-natrium-akku_1017022

https://www.focus.de/auto/elektroau...ues-e-auto-mit-natrium-akku_id_259544679.html

_____________
I'm not posting this because I assume that this is the solution. I suspect it's just another approach. Why else would China invest over 2.5B in graphite anode factories. It's not my topic. Maybe one of you could comment on whether this is a competition or an alternative (because of the lack of range).

When all else fails, ask prof Wiki:

https://en.wikipedia.org/wiki/Sodium-ion_battery


Battery comparison
Sodium-ion battery
Lithium-ion battery
Lead–acid battery
Cost per kilowatt-hour of capacity
$40–77 (theoretical in 2019)[51]$137 (average in 2020).[52]$100–300[53]
Volumetric energy density
250–375 W·h/L, based on prototypes[54]200–683 W·h/L[55]80–90 W·h/L[56]
75–200 W·h/kg, based on prototypes and product announcements[54][57][58]120–260 W·h/kg (without protective case needed for battery pack in Vehicle)[55]35–40 Wh/kg[56]
Cycles at 80% depth of discharge[a]
Hundreds to thousands.[1]3,500[53]900[53]
Safety
Low risk for aqueous batteries, high risk for Na in carbon batteriesHigh riskhttps://en.wikipedia.org/wiki/Sodium-ion_battery#cite_note-60


[TD]Moderate risk[/TD]

[TR]
[TD]
Materials
[/TD]

[TD]Earth-abundant[/TD]

[TD]Scarce[/TD]

[TD]Toxic[/TD]
[/TR]
[TR]
[TD]

Cycling stability
[/TD]

[TD]High (negligible self-discharge)[/TD]

[TD]High (negligible self-discharge)[/TD]

[TD]Moderate (high self-discharge)[/TD]
[/TR]
[TR]
[TD]

Direct current round-trip efficiency
[/TD]

[TD]up to 92%[1][/TD]

[TD]85–95%[59][/TD]

[TD]70–90%[60][/TD]
[/TR]
[TR]
[TD]

Temperature range[c]
[/TD]

[TD]−20 °C to 60 °C[1][/TD]

[TD]Acceptable:−20 °C to 60 °C.
Optimal: 15 °C to 35 °C[61][/TD]


[TD]−20 °C to 60 °C[62][/TD]
[/TR]




Top of the range Lithium comes out ahead on most measures including energy density, but sodium is far ahead on the number of recharges.

PS: The bottom part of the table has got a bit scrambled, but the correct version is available at Wiki.
 
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cosors

👀
Less than an hour ago the antis updated an article about Vittangi on Wiki. The one-sided narrative against Talga is spread there. Are any of you familiar with Wikipedia's rules on neutrality or corrections?

"...
Nunasvaara mining plan

The Australian mining company Talga Ab is interested in opening a graphite mine near Vittangi in the Nunasvaara forest area, even though the Swedish Society for Nature Conservation, with its chairman Per-Erik Lindvall, has pointed out that the planned area has great natural values."[23]
https://sv.wikipedia.org/wiki/Vittangi

[23] https://www.svt.se/nyheter/lokalt/norrbotten/talgas-gruvplaner-synas-grafitfyndighet

I don't attach much importance to that.
I just think that we all appreciate Wiki and that this neutral platform is being misused here in a one-sided interest. An act of desperation?
Moreover, the context is wrong. PEL is not the chairman of the nature conservation organisation but of Talga. And he would always put such an assertion in the neutrally correct context. It could also be a translation error. But Google and DeepL translate it the same way.
 
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Diogenese

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Less than an hour ago the antis updated an article about Vittangi on Wiki. The one-sided narrative against Talga is spread there. Are any of you familiar with Wikipedia's rules on neutrality or corrections?

"...
Nunasvaara mining plan

The Australian mining company Talga Ab is interested in opening a graphite mine near Vittangi in the Nunasvaara forest area, even though the Swedish Society for Nature Conservation, with its chairman Per-Erik Lindvall, has pointed out that the planned area has great natural values."[23]
https://sv.wikipedia.org/wiki/Vittangi

[23] https://www.svt.se/nyheter/lokalt/norrbotten/talgas-gruvplaner-synas-grafitfyndighet

I don't attach much importance to that.
I just think that we all appreciate Wiki and that this neutral platform is being misused here in a one-sided interest. An act of desperation?
Moreover, the context is wrong. PEL is not the chairman of the nature conservation organisation but of Talga. And he would always put such an assertion in the neutrally correct context. It could also be a translation error. But Google and DeepL translate it the same way.
... or ChatGPT.
 
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Less than an hour ago the antis updated an article about Vittangi on Wiki. The one-sided narrative against Talga is spread there. Are any of you familiar with Wikipedia's rules on neutrality or corrections?

"...
Nunasvaara mining plan

The Australian mining company Talga Ab is interested in opening a graphite mine near Vittangi in the Nunasvaara forest area, even though the Swedish Society for Nature Conservation, with its chairman Per-Erik Lindvall, has pointed out that the planned area has great natural values."[23]
https://sv.wikipedia.org/wiki/Vittangi

[23] https://www.svt.se/nyheter/lokalt/norrbotten/talgas-gruvplaner-synas-grafitfyndighet

I don't attach much importance to that.
I just think that we all appreciate Wiki and that this neutral platform is being misused here in a one-sided interest. An act of desperation?
Moreover, the context is wrong. PEL is not the chairman of the nature conservation organisation but of Talga. And he would always put such an assertion in the neutrally correct context. It could also be a translation error. But Google and DeepL translate it the same way.

Don't worry I fixed it for them
Adventure Of A Lifetime GIF by Coldplay
Angry Chimp GIF by BBC America



What I Added to Wiki.....................

Miljödomstolen har dock funnit att gruvdrift och naturmiljö kan existera samtidigt i detta fall och möjligheten att överklaga beslutet avslogs i enlighet därmed. För närvarande överväger Högsta domstolen om prövningstillstånd ska beviljas med ett nära förestående beslut.Ett beslut till förmån för gruvan ses som ett stort steg framåt i Europas övergång till en ren/grön energiframtid som möjliggör produktion av de grönaste batterierna på planeten

English Translation..........................

However the Environmental Court has found that mining and the natural environment can co exist in this case and the avenue to appeal the decision was accordingly denied. Currently the Supreme Court is considering whether to grant leave to appeal with a decision imminent.A decision in favour of the mine is seen as a giant step forward in the transition of Europe to a clean/green energy future enabling the production of the greenest batteries on the planet
 
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JNRB

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Don't worry I fixed it for them
Adventure Of A Lifetime GIF by Coldplay
Angry Chimp GIF by BBC America



What I Added to Wiki.....................

Miljödomstolen har dock funnit att gruvdrift och naturmiljö kan existera samtidigt i detta fall och möjligheten att överklaga beslutet avslogs i enlighet därmed. För närvarande överväger Högsta domstolen om prövningstillstånd ska beviljas med ett nära förestående beslut.Ett beslut till förmån för gruvan ses som ett stort steg framåt i Europas övergång till en ren/grön energiframtid som möjliggör produktion av de grönaste batterierna på planeten

English Translation..........................

However the Environmental Court has found that mining and the natural environment can co exist in this case and the avenue to appeal the decision was accordingly denied. Currently the Supreme Court is considering whether to grant leave to appeal with a decision imminent.A decision in favour of the mine is seen as a giant step forward in the transition of Europe to a clean/green energy future enabling the production of the greenest batteries on the planet
Nice work!
 
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cosors

👀
Don't worry I fixed it for them
Adventure Of A Lifetime GIF by Coldplay
Angry Chimp GIF by BBC America



What I Added to Wiki.....................

Miljödomstolen har dock funnit att gruvdrift och naturmiljö kan existera samtidigt i detta fall och möjligheten att överklaga beslutet avslogs i enlighet därmed. För närvarande överväger Högsta domstolen om prövningstillstånd ska beviljas med ett nära förestående beslut.Ett beslut till förmån för gruvan ses som ett stort steg framåt i Europas övergång till en ren/grön energiframtid som möjliggör produktion av de grönaste batterierna på planeten

English Translation..........................

However the Environmental Court has found that mining and the natural environment can co exist in this case and the avenue to appeal the decision was accordingly denied. Currently the Supreme Court is considering whether to grant leave to appeal with a decision imminent.A decision in favour of the mine is seen as a giant step forward in the transition of Europe to a clean/green energy future enabling the production of the greenest batteries on the planet
I am thrilled!
Thank you!
 
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BigDog

Regular
Having been away for some time I’ll start with the appropriate new year salutation…. Happy New Year to all!

Not in a million years would’ve I expected to see our sp at this level at such a critical juncture in TLG’s path to becoming a vertically integrated anode producer in Europe. Even with the downturn in the industry as a whole, the Chinese suppressing prices to disincentive Western companies from entering the market, the recent selling of ~4.8% of shares on issue by Kinetic, institutional shorting of the stock, and the ongoing delay by the Swedish Supreme Court to rule on the right to appeal.

I spent the better part of an hour skimming through comments, over the last month or so, from posters both on here and over at “the other place.” Wow, what a mixed bag of shit stirring and arrogance from the usual suspects and, pleasingly, rationale commentary from some there is.

My prediction at the end of November / early December was that we would likely have a ruling one way or another by end of January to mid February. For all our sakes I truly hope it is not much (months) longer or that we do not find ourselves in a right to appeal situation.

Yes, long term I am firmly of the belief we will all prosper with our TLG holding, no matter what price any of us entered the stock at, however MT’s resolute determination to not dilute the share registry beyond what is absolutely required will become somewhat impossible to achieve should this waiting game push out for many months more (be that through delays with Swedish court decision or rights to appeal processes).

As they say, always look on the brights side of life!

With that in mind, and with my rose colored glasses on, could the delay in having the Swedish Supreme Courts decision be such that they are setting a precedent for projects classified as being of European strategic importance so that such lengthy delays will in the future will not be possible by removing rights to appeal against them? Could it be that they are setting precedent so there is no further requirement to go through these lengthy processes when companies, Talga, is in a position to expand beyond the already approved Vittangi 19,500tpa battery anode or similar applications outside of Vittangi?

Here’s to hoping!

These delays are making me thirsty. Or is it the sp that’s making me want to drink?

Tick tock, tick tock…

On another note, should delays continue and TLG does have a raft of options for debt funding I suspect the debt side of the previously noted debt to equity split by MT previously (I think 60/40) could/would be increased should the sp remain diminished at such a time that we require more funding (although I’d assume this would be contingent on actually receiving the final approvals from the Supreme Court).

Too much thinking for me today, that drink(s) await.

Enjoy the afternoon.
 
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cosors

👀
Having been away for some time I’ll start with the appropriate new year salutation…. Happy New Year to all!

Not in a million years would’ve I expected to see our sp at this level at such a critical juncture in TLG’s path to becoming a vertically integrated anode producer in Europe. Even with the downturn in the industry as a whole, the Chinese suppressing prices to disincentive Western companies from entering the market, the recent selling of ~4.8% of shares on issue by Kinetic, institutional shorting of the stock, and the ongoing delay by the Swedish Supreme Court to rule on the right to appeal.

I spent the better part of an hour skimming through comments, over the last month or so, from posters both on here and over at “the other place.” Wow, what a mixed bag of shit stirring and arrogance from the usual suspects and, pleasingly, rationale commentary from some there is.

My prediction at the end of November / early December was that we would likely have a ruling one way or another by end of January to mid February. For all our sakes I truly hope it is not much (months) longer or that we do not find ourselves in a right to appeal situation.

Yes, long term I am firmly of the belief we will all prosper with our TLG holding, no matter what price any of us entered the stock at, however MT’s resolute determination to not dilute the share registry beyond what is absolutely required will become somewhat impossible to achieve should this waiting game push out for many months more (be that through delays with Swedish court decision or rights to appeal processes).

As they say, always look on the brights side of life!

With that in mind, and with my rose colored glasses on, could the delay in having the Swedish Supreme Courts decision be such that they are setting a precedent for projects classified as being of European strategic importance so that such lengthy delays will in the future will not be possible by removing rights to appeal against them? Could it be that they are setting precedent so there is no further requirement to go through these lengthy processes when companies, Talga, is in a position to expand beyond the already approved Vittangi 19,500tpa battery anode or similar applications outside of Vittangi?

Here’s to hoping!

These delays are making me thirsty. Or is it the sp that’s making me want to drink?

Tick tock, tick tock…

On another note, should delays continue and TLG does have a raft of options for debt funding I suspect the debt side of the previously noted debt to equity split by MT previously (I think 60/40) could/would be increased should the sp remain diminished at such a time that we require more funding (although I’d assume this would be contingent on actually receiving the final approvals from the Supreme Court).

Too much thinking for me today, that drink(s) await.

Enjoy the afternoon.
Thank you and I also wish you a happy, healthy, successful and prosperous new year!
I have also withdrawn somewhat. I think to myself why have the same debates over and over again or bring up the same things again and again. For what. So I'm waiting for something new.
For my part, I no longer look at the SP of my startups on the ASX and only follow their practical progress. I realize that we have absolutely zero control over the SP and can research as much as we want. We just have to wait until other times come. At least I have no other choice. Nobody will get me out of here unless one of my four start-ups makes a serious mistake. Why should I guess which is the next company ripe for harvesting, i.e. the makers pushing the SP and then after that shorting again? That's pointless and was successful fun for me in the past when the world looked different than it does now. I am rather happy to have found my pearls and to know that all four have not disappointed me so far.

As I said in The Bar, I suspect for myself that when it's our turn on the stack of cases it will go pretty quickly. And I suspect that the date might be announced beforehand.
1705297463690.png

https://www.domstol.se/en/supreme-court/about-the-supreme-court/current/hearings/

At the moment I don't see how Talga as a whole or the board in particular could have done things or behave better. I've even been surprised more than once by extremely clever moves.
I don't see anything at the moment that makes me doubt the company itself. The mistakes and greed of the ASX with all its rules and up to the claptrap of the SP makers and the maggots are not the company's fault. Nor is the Swedish bureaucracy. I don't think even MT personally would have started the whole thing if he had known all this beforehand. But I also think that people like PEL have given MT and MP a realistic view of what lies ahead and that they just need to be patient like us. Now another member an ex-minister (!) has come on board. She can then talk to her party colleagues in Kiruna.) ...

I think the expansion plans have been in the drawer in all variants for a long time. It all comes down to this one hearing and decision by the Supreme Court.

I'm not familiar with financing and for me personally there's far too much speculation involved and I'll just wait and see. First the verdict and only then we'll see how everything falls into place after the EIB.

When you're thirsty, you speak up! I had plenty of time to enjoy lots of good red wine throughout the holidays and into January, and I made the most of my time off.) Now I need to sober up a bit. At the same time I hope that many opportunities to celebrate and pop corks will soon follow, such as the final court ruling. And once that is in force in our favor, everything that hinders this National Interest will be illegal and the mine will be legally protected.

Enjoy the evening and the drinks as we start the new week. Good luck to us all!
 
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BlackBeak

Regular
Having been away for some time I’ll start with the appropriate new year salutation…. Happy New Year to all!

Not in a million years would’ve I expected to see our sp at this level at such a critical juncture in TLG’s path to becoming a vertically integrated anode producer in Europe. Even with the downturn in the industry as a whole, the Chinese suppressing prices to disincentive Western companies from entering the market, the recent selling of ~4.8% of shares on issue by Kinetic, institutional shorting of the stock, and the ongoing delay by the Swedish Supreme Court to rule on the right to appeal.

I spent the better part of an hour skimming through comments, over the last month or so, from posters both on here and over at “the other place.” Wow, what a mixed bag of shit stirring and arrogance from the usual suspects and, pleasingly, rationale commentary from some there is.

My prediction at the end of November / early December was that we would likely have a ruling one way or another by end of January to mid February. For all our sakes I truly hope it is not much (months) longer or that we do not find ourselves in a right to appeal situation.

Yes, long term I am firmly of the belief we will all prosper with our TLG holding, no matter what price any of us entered the stock at, however MT’s resolute determination to not dilute the share registry beyond what is absolutely required will become somewhat impossible to achieve should this waiting game push out for many months more (be that through delays with Swedish court decision or rights to appeal processes).

As they say, always look on the brights side of life!

With that in mind, and with my rose colored glasses on, could the delay in having the Swedish Supreme Courts decision be such that they are setting a precedent for projects classified as being of European strategic importance so that such lengthy delays will in the future will not be possible by removing rights to appeal against them? Could it be that they are setting precedent so there is no further requirement to go through these lengthy processes when companies, Talga, is in a position to expand beyond the already approved Vittangi 19,500tpa battery anode or similar applications outside of Vittangi?

Here’s to hoping!

These delays are making me thirsty. Or is it the sp that’s making me want to drink?

Tick tock, tick tock…

On another note, should delays continue and TLG does have a raft of options for debt funding I suspect the debt side of the previously noted debt to equity split by MT previously (I think 60/40) could/would be increased should the sp remain diminished at such a time that we require more funding (although I’d assume this would be contingent on actually receiving the final approvals from the Supreme Court).

Too much thinking for me today, that drink(s) await.

Enjoy the afternoon.
I personally think there is zero strategy or games being played regarding delays. They just haven't got to our case yet.

From personal experience in Europe, my Visa is mandated by law to take 30 days for a decision, at latest 60 days. It's now about 9months later (I've stopped counting) and I have no idea how close / far a decision is, and no way to find out without being put back on the bottom of the queue.

And I think it's the same with the Swedish Supreme Court, they have so many cases to go through that they might not have gotten to Talgas yet, as far as I know there's no fast path or prioritisation, it's probably first in first out and we're just waiting
 
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I had not noticed a recent post by Archer9 over at the Toilet Bowl. He was ranting about.....................

"well if this SP is such a bargain why are no directors buying more shares ?"

Simple reason...................

Directors are not allowed to purchase On Market between balance sheet date and the release of the Annual Report
(So that does not apply at the moment)

or

When they are aware of Price Sensitive Information that has not been released to the ASX.

Think about it

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Howyagoin

Emerged
I personally think there is zero strategy or games being played regarding delays. They just haven't got to our case yet.

From personal experience in Europe, my Visa is mandated by law to take 30 days for a decision, at latest 60 days. It's now about 9months later (I've stopped counting) and I have no idea how close / far a decision is, and no way to find out without being put back on the bottom of the queue.

And I think it's the same with the Swedish Supreme Court, they have so many cases to go through that they might not have gotten to Talgas yet, as far as I know there's no fast path or prioritisation, it's probably first in first out and we're just waiting
Hanlon's [updated] Razor : never attribute to malice that which is adequately explained by stupidity [bureaucracy]
 

Semmel

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I had not noticed a recent post by Archer9 over at the Toilet Bowl. He was ranting about.....................

"well if this SP is such a bargain why are no directors buying more shares ?"

Simple reason...................

Directors are not allowed to purchase On Market between balance sheet date and the release of the Annual Report
(So that does not apply at the moment)

or

When they are aware of Price Sensitive Information that has not been released to the ASX.

Think about it

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Ooooooor.. they are all in already and don't have the funds to buy more .. just like us?

Anyway, if they had material information, they also have the obligation to release it, no?
 
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DAH

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Ooooooor.. they are all in already and don't have the funds to buy more .. just like us?

Anyway, if they had material information, they also have the obligation to release it, no?
Correct Semmel. Unless it's under an NDA / confidential.

@WheresTheMonkey a few of those folk on HC make me need that bar of ours more than ever!
 
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Correct Semmel. Unless it's under an NDA / confidential.
Exactly!

Even if it’s based on a handshake they cannot release information if the third party does not allow it.

Anyway the ASX will reject no name third party announcements
 
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