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TLG - TALGA GROUP LTD


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Nipper, I listened to the broadcast on Wednesday on Sharescene, they S/S recieved it a

day before it was released to the ASX, All is looking good.

 

 

I will tell you about a couple of other shares you should look at.

 

WAM. Active, ASX Code WAA. they paid a 4.5 Cent f/f interim dividend, they

 

offering shareholders a option for every share held, exercisable @ $1.08 in dec next year,

 

the share price is 1.08 at present. pdyor.

 

Also.

 

E&A Limited, ASX Code eal, they have announced a fully franked divvy of 2Cents

 

The s/p is 24c @ the moment, Please read the ASX Announcements on both these

 

shares, and make your own informed decision.

 

Cheers.

 

Simmo.

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thanks simmo

 

WAA (and WAM) - well aware of their abilities. I follow. High cash levels in what is a LIC can either be seen as

- poor return on/ hard to justify the high MER; or

- a superb reader of the markets (that ought to be rewarded)

 

The bonus issue is an attempt to boost Market cap (good), and keep vulture funds away from them by getting S/P up to close to NTA (also good), but will be a dampener on SP for next year.

 

EAL - interesting ... but there has gotta be some risk here: Mr Young further commented that he "Expected E&A Limited subsidiaries to benefit from supporting BHP Billiton's Olympic Dam expansion plans both directly and indirectly, as together they are South Australia's pre-eminent specialty engineering service providers with workshop facilities throughout the state".

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  • 2 weeks later...
Bit premature to say it's too small! Given project location etc with costings though SYR may have the mother lode and quite possibly will cause the supply/demand ratio to change with regards to pricing, TLG is very well placed imo. And from my research it'll be producing before SYR thus will be taking advantage of more current graphite price demand. :biggrin:
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  • 2 weeks later...

Hi Nipper.

 

 

TLG is looking very good, the first drill hole proves that the jorg resource is going to expand

 

ist the the rest of the drilling in this campain, will give us Indicated & Reserves, which will put

 

us ahead of the rest, and Grade is King. :king:

 

And we will beat Melua,s Mob to production, and your statement that SYR will be $5 before we reach 50Cents

 

is a laugh, anyway good luck in your investing.

 

Cheers.

 

Simmo.

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Looks like the Day Traders are getting out, and I am loving this, come back

down, so I can add to my holdings. Only 56 Million shares on issue, if I keep

accumulating at the rate and price that I want, I might make the Top 20.

 

 

 

Cheers.

 

Simmo.

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