Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
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To reiterate again - it's been 11 weeks since the District Committee voted in favour of MATD. Some seem to assume that there is a problem, as due to anxiety about their investment, they assume the agreement drafting and signing has taken too long already. It's a bit like hearing a child say ' are we there yet ? ' Nobody knows what a realistic timescale would be for this kind of land access agreement - it probably hardly ever happens anyway, so the correct admin and legal procedures probably had to be worked out by the District Committee who back in late Feb voted overwhelmingly in favour of granting the land access.
In reality, it's not like MB stated in the March RNS that it would take say 6 weeks, and it is therefore clearly overdue. The land access draft and signing may be running like clockwork for all we know, but people are impatient as they want certainty right now.
Mr Investor - good points!
Crybabies - take note!
🙏
Lol.
Mb said it keeps him up at night..... but lets see
And wigster correct: fundraise on the table.
What else did he say? Better to look at fukl investment picture oherwise is like person trying to describe elephant just from trunk - limited in understanding! 😏
🦉
He said renewables DO need equity.
He said they look at all options ( that is what they always say)
Without equity investment in renewables benefits will go to those who do.
First question is: do you think renewables is a good investment?
If yes they should invest if not than not.
If you think it is a good investment LT you should be happy if they invest equity as LTH will benefit.
St however that will mean a raise at lower levels. You will be able to buy more at those lower levels. Lth should be happy with that and st traders that are short or waiting to take position as well.
Only traders with a long position would not be happy sir
Reality i think nobody is here for renewables...
But if he raises at low level he can get a new share base that does like renewables and sees oil as a nice option
Please just stop talking crap unprofessional - so deseperate to get this share down for your trading.... always trying to get the question of a raised treated as serious. As wiggy said:-
... ...also remember him saying that we were pretty good for cash through to 2025 and there may be other means of funding if/when required. .......for those who have a monkey brain this pretty much means no fundraise. This share will be a big turnaround very soon IMO.
Mr emotional
To.be clear it is possible that they get signature today and all will be great. I can not say it is impossible but i would not bet my money on it....
Fundraise is on the table. If you do not want to hear it : fine but that doesnt mean it is off the table it means you invest with your eyes and ears closed.
Mr iceman, we will have to agree to disagree. Its not on the table, and its not even underneath the table, and i think you know that.
Agree to disagree
For me MB was very clear that it is on the table.
They even had to reduce wages and fees already to have some time left....
I think hé still hopes hé gets the signature so hé can raise at a higher level but hoping is no strategy.
Lets see. I dont mind still no position eitherway
Lets not forget Land Access is not the only thing we were waiting for, we also need confirmation from DQE that they are ready with crews back in country. Not only for Heron 1 but also the other additional wells.
Mining minister in an interview.
J. Ganbaatar: There are no investors for oil extraction
Oil needs to be extracted before the refinery can be put into operation.
Hardly surprising there's no investors they've been watching a sorry saga called PETRO MATAD. GLA
J/t/b: If things develope otherwise those "investors" will be kicking their butts.