Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
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Plus the Charlestown deal was at a premium 0.168 SP So why would they buy £1.5 million of shares at that price just to see them devalued ?
They wouldn't. Buy and invest or sell and jog on.
All the best.
Zag - may I suggest you read the Chevron and Charlestown RNS to better understand the financials here.
On completion of the Chevron deal CEG get $12.5 million so no immediate need for funds.
Charlestown are also very keen to inject cash into CEG and have agreed terms - they needed the Consolidation for their backers/ administration ( watch recent directors talk video ) - appeared to be a deal breaker so CEO has agreed it, subject to shareholder vote - disgruntled ex - shareholders/ trolls fortunately won’t get to vote Zag!
Obviously no need for placings, we will be awash with money soon enough!
So share consolidation for July so no doubt they will begin to do placings straight away. Rinse and repeat
New interview :
https://1lo.co/7c6K2
Sam Manbi - Thanks for the head up. A really informative unbiased and without opinion post. Refreshing to see on this bulletin board
GG
Just a heads up that the results for Argerich-1 are due from 3 weeks today until July 7th.
Key Expectations
Argerich-1 is targeting a deepwater area called CAN-100, located around 300km offshore from Buenos Aires province in water depths of 1,527 meters.
It is being drilled by Equinor in partnership with YPF (35% interest) and Shell (30% interest).
Drilling is estimated to take 55-65 days and is expected to spud (begin) in April 2024.
The well results could open up a new deepwater exploration frontier in the North Argentine Basin if hydrocarbons are discovered.
Conversely, a dry well could dampen enthusiasm for further deepwater exploration in the area.
So in summary, the Argerich-1 well is a high-impact wildcat that could potentially unlock a new offshore oil and gas province for Argentina if successful, but carries significant risk given the frontier nature of the play.
https://www.linkedin.com/posts/welligence_argentina-exploration-alert-equinor-has-activity-7193433788129988609-YAp5
The Comments section has some interesting insights as well.
Welcome back, farml123yahooc
Picked up some shares today here in the USA
As I’ve mentioned before it’s surely quite natural for a shareholder to be enthusiastic about his purchase whereas some might suggest it’s rather a disagreeable trait to troll a share because of historical losses.
Timid Trolling, sometimes categorised as Slippery Fish is off the scale ( haha! ) GG
Thank you Arch
Consolidation? 50:1 when Uruguay rubber stamps the Chevron deal and the Charlestown loan converts to shares
All the best.
I see on the CEG news we having a R/S but can not find when or the ratio.
anyone have any idea when
GG
That post really made me LOL. You can’t fault Willec’s enthusiasm! This genuinely looks a really interesting play, a classic boom or bust. If it’s boom it’s going to be a significant multiple bagger. That’s the gamble and I’m here for it!
DYOR
The SP went to .28 (albeit briefly) when the Chevron deal was announced I see no reason for it not to surpass that and stay there ( or the equivalent consolidated figure ) once Uruguay rubber stamps the deal.
IF CHEVRON INVEST so am i .NO share is 100 percent however it looks pretty good here . i take my chances if it is no good i am man enough to move on . All the best i fee there is a interest here in the buying of late
I topped up another 1.5m in the last couple of days. Looking forward to an increase in further news.
I don't think these prices are going to be around much longer.
Im beginning to sound a bit like Willec I better go back to being a "timid troll " !!!
GG
Agreed, added a million yesterday and probably another couple next week in my SIPP.
Just picked up another 1.5m shares. Still at a discount to CE conversion price. It’s only a matter of time until this really starts to move north IMO.
Good luck all.
Remember, “few” emphasizes scarcity, while “a few” indicates that there’s at least some of what we’re talking about. It’s like looking at a proverbial glass of water: “few” points out that the glass is half empty, while “a few” acknowledges that there’s at least some water in the glass. So, whether you’re emphasizing scarcity or acknowledging a positive quantity, context matters! 😊
That's a useful post to start the day. You obviously know more than Shell, Chevron, APA and YPF. Why don't you send them your carefully thought out and detailed information, you've obviously spent countless hours pouring over all the geological info and seismic studies to come up with your groundbreaking theory.
Uruguay failed few times to find commercial discovery
Yawn, yawn - still more than 40% up from this regularly referenced ' Why on earth ’ quote - LOL!
' JohnBriggs
Posted in: CEG
Posts: 1,174
Price: 0.1075
No Opinion
RE: Deadlines
23 Feb 2024 10:37
Hahahaha, ah Luthee you really are the ultimate apologist. You fail to recognise that if a CEO comes out with a deadline such as fam out by Christmas and then that changes to oh now another 12 weeks, by end of Q1 2024 it makes them look naive and incompetent when these deadlines aren't met. All the while tie company is running on fumes.
Why on earth would anyone want to give their money to a company with no credibility and run by amateurs and most importantly who on earth would want to partner with them. The industry and market never forgets those who mislead and default. ‘
Anyone heard of Chevron LOL?
Yawn! Such excitement but SP still in the doldrums