Forum Topics TLG TLG Decision on appeal against min

Pinned straw:

Added 6 months ago

Government dept. of Climate and Enterprise meeting today has this on the agenda:

- Appeal against the decision of the Mining Inspector under the Minerals Act (1991:45) to grant a mining concession for the area Nunasvaara Södra K no. 1 in Kiruna Municipality, Norrbotten County.

We can expect an announcement in the next few days as to whether the appeal will be dismissed.

DISC: HELD

Rapstar
Added 6 months ago

As expected the Government has dismissed all appeals, and the mining and anode facility now has all permits in place.

Subsequent to the announcement The Swedish Govt has appointed The County Admin. Board of Norbotten to prepare a proposal for detailed plans for the Mine, following the NIMBY Kiruna Council's resistance to finalise the proposal

DISC - HELD

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Rapstar
Added 6 months ago

As expected the Government has dismissed all appeals, and the mining and anode facility now has all permits in place.

Subsequent to the announcement The Swedish Govt has appointed The County Admin. Board of Norbotten to prepare a proposal for detailed plans for the Mine, following the NIMBY Kiruna Council's resistance to finalise the proposal

DISC - HELD

7

Rocket6
Added 6 months ago

@Rapstar funnily enough I hold both NVX and TLG -- I have always been more bullish on NVX, for a number of reasons, but my view is changing pretty quickly.

Europe and Sweden are both pretty poor environments for innovating, but it finally looks like they have heeded the warning after many years of over-reliance on China. The US is no different, but their investment environment is an unpredictable binfire.

With all permits now in place, and a favourable operating environment with both Sweden and the EU clearly valuing Talga's resource, they are looking very interesting at these levels with a current 200m market cap. It will be interesting to see what sort of support they get from their CRMA and Net-Zero Strategic Project status. I think the next thing to watch is how much of the project Talga are forced to give away to attract the appropriate support they need.

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