I agree with this assessment almost completely, touche. Such statements by Mark, such as the announcement of a dam break, have unfortunately all too rarely materialised in the past.
But I have a question of understanding. Talga has probably hardly used any money in recent months to advance the mine or the anode factory itself. Nevertheless, the capital is melting away. Assuming we receive funding (prepayment by a customer, public subsidies), can't this only be used for the specific project development anyway? Or can it actually also be used to pay running costs? If the former, then an issue of new shares would be necessary either way - the difference would of course theoretically be a significantly higher share price in the capital increase, but first many would convert their options, which can still be exercised until September for 0.55 A$.
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Am I making a mistake or have I got a comprehension problem, or is this more or less the case? Or do you mean by funding rather the entry of a strategic investor?
Surely these would also be suitable questions for the next investor webinar. But they will probably be ignored or avoided. The fact that Mark is canvassing a lot of trade fairs doesn't bode well...
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