XAO 0.27% 8,586.9 all ordinaries

STTCOMP TLG, FA LONG Talga Resources Graphite Sweden MC ~$170M...

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    STTCOMP  TLG, FA LONG

    Talga Resources Graphite Sweden
    MC ~$170M SOI 202M [+45M options @45c]
    Cash ~$14M no debt
    SP 84cents

    TLG has an excellent graphite deposit in Sweden but its business focus is graphene. It has several established MOU's with some of the biggest European Co.'s and is right in the thick of the graphene space. Last week the Co ann'd it had joined in the UK govt supported 'Faraday Battery Challenge' and will be participating in cutting edge development of new battery tech. Since that announcement the Co's SP has begun to rise.
    https://www.asx.com.au/asxpdf/20180326/pdf/43sq6s9phfl133.pdf

    TLG is well funded and has several competitive advantages both in the production of high grade graphite [in excess of 20 years mine life @ grades of +20%] and a very low graphene production cost. This link will take you to the Co's website for video presentations. http://www.talgaresources.com/irm/content/videos.aspx?RID=366

    Disclosure I hold TLG options
 
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