Hi there,
Talon is an exploration and development mineral company and its flagship project is the Tamarak (Nickel-copper-cobalt) project. It aims to be a low cost nickel producer and be a key domestic supplier for battery grade nickel. The company has partnered with Rio Tinto on the project.
It is however, important to note that this porject is years away from completion. From what I can tell, the only thing the company has completed thus far is a preliminary economic assessment (PEA) which it updated in February. While it is progressing well and it is certainly sitting on an attractive assets, the company won't be generating a dime for production for many years to come. That means it will rely on additional financings, and is likely to be highly volatile - much like any pre-construction phase company.
No question is seems to have an attractive asset but from what I can tell, there is also no clear timeline. The only mention of future dates i could find was that it had to complete a pre-feasibility study by March 2026 to earn an addition 9% interest in the property. That is a long ways away and that increases the risk that many things can go wrong/change over this period. This is why I prefer junior companies that are closer to construction phase as there is typically more clarity on potential returns.
Mat