Talga Group’s ability to add an additional A$20m in new equity as part of its share purchase plan helps secure timelines and de-risks the process of developing the Vittangi graphite anode project in northern Sweden. The pricing remains attractive relative to our valuation estimates and our SOPT valuation remains at A$2.9.
21 Jan 2021
Additional A$20m Funding
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Additional A$20m Funding
Talga Group Ltd. (TLG:ASX) | 0 0 0.7% | Mkt Cap: 141.7m
- Published:
21 Jan 2021 -
Author:
Adam Forsyth -
Pages:
6
Talga Group’s ability to add an additional A$20m in new equity as part of its share purchase plan helps secure timelines and de-risks the process of developing the Vittangi graphite anode project in northern Sweden. The pricing remains attractive relative to our valuation estimates and our SOPT valuation remains at A$2.9.