RE:RE: I'll Likely Make A Big One-Time Purchase Of TLG Shares....metal, if you currently own TLG shares, hope you make a good buck when the FS is released (I think you like to move in and out of names a number of times - but that's not my style).....the share price may have some juice in the aftermath of the release, but then as you know, the hard work starts re. permitting / contracting / financing which does not bode well for the SP even if the FS shows the shares are trading at a big discount to the NAV number calculated in the study (which I agree will almost certainly be the case).
I'm guessing LOM of 20+ years, annual production in the ballpark of 300,000 AuEq, and a capex of (let's be optimistic) $700M - $800M, so the project looks very good, but I don't see a sustained increasing share price in 2024. In fact, I see a bump, then a drop, then a range-bound share price for the remainder of 2024. This coupled with no yield is not what I'm looking for in terms of a return on my money this year.
Regardless, it'll be fun to watch!