$TLG - got in my own way on this oneRoyally messed this up. Bought 2 lots of 8/- shares at 1.58 and sold them out at 1.54 because it was trading around the lows and I thought it should have been in the upper half for the day back on the 2nd November and didn't want to lose any more on the trade - then this happens
TLG trade ideas
TLG:ASX - TALGA RESOURCES - Recovering after pullbackTalga came out with news today that they have signed an agreement for a Swedish battery anode project which went a bit under the radar. The stock has moved up 10% with RSI heading back up as well. Could be worth a watch.
From the announcement:
Battery anode company Talga Group Ltd (“Talga” or “the Company”) (ASX:TLG) is pleased to advise it has signed a Memorandum of Understanding with global technology leader ABB to support the development and construction of Talga’s Vittangi Anode Project in northern Sweden. Talga is constructing a scalable battery anode production facility and integrated graphite mining operation in northern Sweden, using 100% renewable electricity to supply ultra-low emission coated anode for greener lithium-ion batteries.
The anode refinery is expected to commence production in 2023. Under the MoU, ABB will utilise its industrial automation and electrification expertise to develop and co-ordinate an extensive suite of production control and process solutions for Talga’s vertically integrated lithium-ion battery anode operations. In addition, ABB will work together with Talga and its partners to provide engineering support for the Vittangi Anode Project Definitive Feasibility Study, due for completion March 2021, with the intent to execute binding agreements for construction and operations in future.
About Talga
Talga Group Ltd (ASX:TLG) is building a European battery anode and graphene additives supply chain, to offer advanced materials critical to its customers’ innovation and the shift towards a more sustainable world. Vertical integration, including ownership of several high-grade Swedish graphite projects, provides security of supply and creates long-lasting value for stakeholders.
About ABB
ABB (ABBN: SIX Swiss Ex) is a leading global technology company that energizes the transformation of society and industry to achieve a more productive, sustainable future. By connecting software to its electrification, robotics, automation and motion portfolio, ABB pushes the boundaries of technology to drive performance to new levels. With a history of excellence stretching back more than 130 years, ABB’s success is driven by about 110,000 talented employees in over 100 countries.
Forget about Exxon or Royal Dutch Shell, this is the futureAustralian advanced materials technology company Talga Resources (ASX:TLG) has reported further performance gains from optimisation tests involving its graphene-silicon, lithium-ion battery anode product Talnode-Si.
Talnode-Si comprises a mix of silicon and graphene particles engineered by Talga to be suitable for existing lithium-ion battery manufacturing equipment as a high-performance, cost-effective and scalable replacement to standard graphite anode materials.
Several of the world’s car makers will move to higher energy-to-weight ratios in their next generation battery packs, while other big names in the anode supply chain have committed to the use of silicon technologies in graphite to produce silicon oxide-based graphite.
In September, Volkswagen estimated its cell energy density would increase by 25% from 2018 to 2025 and said it would target 20% silicon anodes from 2020.
TLG confirms change of directionOne of the most anticipated companies on the ASX with technology to held EV's has just confirmed it's bottom @ $0.37.
The price has closed above both the bollinger band and Linear regression. More specifically the Linear regression is in a downward projection and for the candle to be out of it confirms that a change of direction on the larger scale of things.
In the short term expect the price to touch $0.49 which is where the 61.8% fib line is.
This information is based on my opinion of how I read the market.
$TLG - TALGA RESOURCES - Short term play?$TLG - TALGA RESOURCES - Short term play?
I like the idea of the company - a vertical graphite miner AND a battery developer with some good tech results.
Has some good market depth on the buy side and if it goes up on Monday you would think there is at least 10% in a short term upside play. It's in a pretty strong area of resistance so might not run for long if it does. Keep your stops close, but I do like what they are doing.
About Talga Resources
Talga Resources Ltd is an advanced materials technology company enabling stronger, lighter and more functional graphene and graphite enhanced products for the multi-billion dollar global battery, coatings, construction and composites markets. Talga has significant commercial advantages owing to its vertically integrated high grade Swedish graphite deposits and in-house process to product technology. Company website: www.talgaresources.com
Disclaimer
I am guessing and the market lies.
#TLG a big Winner in the Electric Vehicle MarketThe biggest Concern to EV's is that the Battery will not be reliable, especially in a country like Australia where you would need to drive long distances.
However this Aussie Company Talga Resourses (TLG.asx) solution to infuse Graphene into the concrete to keep the batteries in your EV's charging while you drive.
Talga Resources - Breakout - Add to Watch ListLoss making, but interesting vertical integration with deposits and R&D, geared towards the battery and composite material markets. Has Gapped from 200 day MA.
Talga is building a vertically integrated business with wholly owned, world
class mineral resources, processing innovations and technologies to
produce advanced materials and products that are stronger, lighter, multifunctional and environmentally positive in their applications.
COMMERCIAL AND PRODUCT DEVELOPMENT
During the quarter, Talga continued strong progress in the development of its Lithium-ion (“Li-ion”)
battery anode products and trademarked these as Talnode™. Each Talnode product will have a
unique suffix designation based on formation and application. Current Talnode products include:
• Talnode - C Engineered graphite anode for super stable lifetime +20% higher capacity
retention at higher charge/discharge rates
• Talnode - X Formulated graphite anode for ultra-fast charge (0-100% in 3 minutes)
• Talnode - Si Graphene Silicon-anode for +50% higher energy density
Talnode products are in addition to Talga’s other previously trademarked graphene and graphite
product lines, Talphene® and Talphite®
-Talga and Schunk sign LOI over
graphene product co-operation
About Talga
Talga Resources Ltd is an advanced material technology company enabling stronger,
lighter and more functional graphene and graphite enhanced products for the multi-billion
dollar global coatings, battery, construction and composites markets. Talga has significant
advantages in graphene production owing to its vertically integrated high grade Swedish
graphite deposits and in-house process to product technology. Company website:
www.talgaresources.com