Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
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These are extracts from the statement issued last week:
* Data room for the next Project Icewine farm-out to be opened in the near term
* Thermal maturity of the HRZ shale confirmed as in the peak oil generation window
* Good progress continues to be made at the newly acquired Project Peregrine on both the farm-out
and permitting/planning fronts. Additional news related to that will be provided to the market in a
separate announcement in the near term.
* The results from the Seabee, despite Charlie-1 not being optimally located, are outstanding
There have been too many backward steps to be super confident anymore, however we have completed another drill at no cost and acquired loads more useful data. The proof of the pudding still remains the prospect of TWO FO's in the next few months. I still honestly believe that the SP was oversold, and still remains an attractive albeit risky proposition.
I have absolutely NO affinity for Mr Wall after the fiasco of my Globe invite, and I do wonder what will happen to the hierarchy of the company given that there are now TWO MD/CEO's! I have noticed that 88E's website has NOT been updated.
Make up your own minds.
What we need on here is some newly invested posters, who have some Oil/Commercial experience.
No one with any Oil/Commercial experience is going to invest in this now are they, be realistic.
Why not?
Poor (suspiciously poor) management, a track record of failure and an imminent requirement of cash.
Like you have you mean?
Well. The oilers is not for you. Any oil stocks. High risk. V. High rewards so go and buy something easy for you
If you are going to engage, then at least do it properly!
think you forgot to post your customary '.49 to break' or was it .39 :)
Mannan, you make a good point. The problem is you don’t know what the rewards or the risks are, the company haven’t released them yet.
Rather debating the content of Phron’s character why don’t people discuss the points made by olderwiser which caused him to sell out. Jiddy, on your point it looks like olderwiser may have worked in the industry. By the way I don’t agree totally with his comments but he makes some good points.
https://hotcopper.com.au/threads/ann-final-petrophysics-upgrades-charlie-1-net-pay.5618114/page-20?direction=previous
Rabito, why are you making comments about the validity of 88E going forward? You are NOT nor have you ever been invested here. I can understand your comments that may affect your investment elsewhere, but NOT concerning individuals invested here.
As you can see from my previous post, I made it clear that 88E's advancement will be based on FO's for peregrine and Charlie1. The MD has indicated that there will be news on these in the NEAR TERM. I trust and hope that this means weeks rather than months.
Jiddy, I have not made any comments regards the validity of 88e going forward. My point is there has now been a long thread of people attacking each other, would time not be better served discussing the content of what’s been released rather than just regurgitating the same old nonsense.
For instance when DT and co bring up a CR. Why not point out that it would perhaps be positive thing for 88e to be on the other side of a successful cash raise. Assuming of course it can get done at a higher price. With another years cash in the bank 88e are quite a different proposition.
I actually think last weeks news has the potential to be very significant, but more information Is needed which was my point to mannan. Of course you won’t get to those points because you would much rather just hurl insults.
Insults?, there are NO insults.
Almost certainly we will need more cash before the end of 2020, but hopefully from a higher SP. The outcome of the Farm-Out/s will be significant & that is what I am waiting for.
There are many rude and offensive posters on these Boards, but I am not one of them. I have taken more abuse on here than most, however word are cheap and i have broad shoulders.
I am glad to hear that you think last week's news may be significant - time will tell!
is everyone exhausted :-)
nice 16.25 buy....
4.25pm 5,000,000 - some investors are clueless Uscita!
Very nice indeed cadellin!
Jiddy, if it is indeed a buy then its a good job they didn't listen to you because back in April when the price was 0.975 you said the train was leaving the station and you wouldn't be able to buy below 1p anymore. You would have cost that buyer around £30k.
Also, you say you are not rude or offensive, and yet in over half your posts you use capital letters for entire words. FYI that denotes someone shouting. If someone were to shout at me in over half their comments back to me I would consider them rude.
22:13 "yet in over half your posts you use capital letters for entire words" .
So Jiddy has used capitals in 4859 posts - that's a lot of analysis. :-))
I suppose you may be counting "LSE" , "LOL" etc.
oh sorry that should be 4851 posts. :-)
Minime, posts today 'it is indeed a buy then its a good job they didn't listen to you because back in April when the price was 0.975 you said the train was leaving the station'
last post on any LSE board was here in April...
Let me guess, you bought in based on what Jiddy wrote, and you are bitter because you got spiked?
Don't believe anything anyone says here. Including me. You are responsible for your own actions. Do Your Own Research.
BTW I increased my holdings to 17,031,897 over the last three days. See above but PM me and I'll send you the screenshots :-)
Many thanks to csw and Brom for their kinds words. I still appear to be the butt of most of the scathing remarks on this Board.
I am not responsible for the investment decisions of others, and indeed I am not qualified to dispense stock advice. I too have lost a lot of money on paper here, but still believe in the Proposition. I am hoping for FO news before the end of 2020, and I am very much looking forward to further drills in Q1 2021.
why? some fact based evidences would be good you know
Why not? It's a saying us rampant LTH's say and we got a feeling it's going to get juicy.