Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
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Thanks stew for info
Much better with 60k forecast for cap oeste in 2018 which is even higher than the last update! Surprised these aren’t much higher today but i reckons it’s because they have had a good run and now should consolidate before the blast through 2p
Edzl, like you said placing to raise more funds is one possibility,and the other is to make the nominal share price much higher which sending it away from the penny share market,and as such driving many of the potential pi away... True the initial valuation of your holding will be unchanged after consolidation (less shares but pro rata increase in share price)... YET, from my experience the price is almost always take a dip post consolidation and this is why I rather wait for this event to take place before considering to add to my holding here...and I will do it because I think the company is definitely on much better and stronger footing now than any time recently.. ATB.
Hello Max I have read your post and wanted to know why you think the share consolidation is bad news for the reason you explained. They must round up all the holdings and give you the same number of shares the total difference I suppose is one share. My thoughts are why they want to do it in the first place,do they want to water us down even more with another placing for some reason or another. Are they wanting to purchase another property or do they want more money for running the Company
Mixed news today....results are as expected with good recovery on the cards for this year and beyond....the bad news is the proposed shares consolidation ...the market reaction is very often negative,and almost always the value of your holding is end up worth less then before...I have small holding here and I thought to add more,but now I will wait for the dust to settle after the consolidation,and only then review my action....IMHO,and GLA.
-- Agglomeration circuit at Cap-Oeste completed during Q3 and has been operating at full capacity since early Q4. January 2018 has seen a marked improvement in production levels and production guidance for 2018 is forecast at around 59,083 oz AuEq
That’s very good considering the following from previous update ; - Monthly production continues to ramp up at Cap Oeste and in January 2018, 3,646 oz AuEq were produced with February on schedule to exceed 4,200 AuEq
A bad 2017 but now we are really rolling -- Agglomeration circuit at Cap-Oeste completed during Q3 and has been operating at full capacity since early Q4. January 2018 has seen a marked improvement in production levels and production guidance for 2018 is forecast at around 59,083 oz AuEq
2ND RNS out .?
RNS out ......
Can't disagree with you there if gold continues its uptrend
This is massive for Patagonia being a producing and profitable company!!! Whether it effects the share price or not this will have s game changing fundamental impact on the bottom line!! Booming days ahead here and back to the glory days
Reaching new highs
Eerrr no free speech and bit dull this board so I will post when I like mate
anyone know what kind of mkt cap PGD was at 5yrs or so ago? obviously been quite a few dilutions since then so SP chart not so helpful...
For pity�s sake Stu give it a rest
This has potential
Building this could well gain momentum and power above 2p maybe a straight run to 3p
Tick up on low volume
Don't get me wrong would love it to reach those figures ,would give me back my orginal investment but I think its way off unless as you say there's an offer around the corner for them
why not 8-10p relatively low mkp for a profitable producing asset rich company. Its a gold bet