RE:Good to Sell Talon now while you have the chanceSome parts are correct like the dilution but a lot of your arguement has substantial holes. For one, Tesla and Talon have an agreement where Talon will supply Tesla with 165 million pounds of nickel along with participating in shared by product such as Cobalt and Iron (LFP). Tesla is not the only game in town either, many of the ICE makers are converting a portion of their auto lines to EVs. As for LFPs being better technology, yes they appear to be cheaper but have a shorter range.
The second part I have to question is the $400 million dollar build for an underground mine; that is true based on PEA 3 however keep in mind Talon would be responsible for 60% of this cost, Rio Tinto would be responsible for the remaining 40%.
The more egregious of your claims is the 50 million dollar profit over the LOM?!?! Based on PEA 3, the undiscounted net cash flow would be $849 million US dollars on a nickel concentrate scenario (Page 326 of PEA 3) with $8 Ni pricing and $3 Cu pricing. Current Ni Price is $10.62 per pound and Cu is $3.84 per pound. Current nickel LME warehouse supply is 67,000 tonnes (annual consumption approximately 2.4 million tonnes).
Also, PEA 3 is only up to Jan 2021; since then, the team has drilled 47,000 meters as of March 2022 with 4 rigs going as of May and two more on the way; the potential expansion of main zone along with CGO EAST and CGO WEST will add more metal to the future mine. We also have more potential excitement with outside exploration occuring now (conjecture at this point, but historical holes along with refined geophysics makes it seem possible).
Keep in mind that Rio Tinto took shares in lieu of payment for Talon to garner a 51% share, Pallinghurst has put subtantial money at $0.72 and $0.60 pricing as well; this is most likely a very poor time to sell!