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I will be voting to stay as is, no change. I see this as a 50 50 as posted previously i loose everything or I multi bag, a good bet in my mind.
Those who want you to vote for change all of them have an agenda , not a good one for us share holders I am very sure of that.
When the action was RNS the share price was on the rise , fell very quickly , looks to me the markets are believing that nothing will change with the running and see this as positive and share price is on the up again, and should go a little higher on confirmation of the vote.
Chrisharis I have thanked you in the passed for all the positives you have given on this board , and maybe you are regretting selling up now i do not know, however not just your self but others should not try now and post negative views
with an agenda please. As you were once a share holder
Fairdealer, DYOR.
As stated many times, this arrangement is transparent and has been discussed many times.
You are just agitating and nit-picking for the sake of it.
Why do we need to see the Pranagraph accounts when the price arrangements between TGR and them are well documented?
If you are invested, or looking to invest, DYOR rather than listen to posters on here.
If you are just here to sow doubt and spread fear, then carry on with your loaded questions aimed to discredit the company and promote the alternative.
If you are so concerned about the arrangements with Pranagraph which you consider to be so important to the future of TGR, what are the plans for the new mob with regard to selling/distribution in India? Who will they use and what deal have they struck for sales and utilisation of equipment?
Last post for me on this.
The dual roles plus his involvement in other companies in the graphite space have been known from the start. What you are saying seems to be stemming from incomplete information which was made available to us at all times! :o
It may be obsession to some but others it is transparency. India may have commercial rules which require 3rd parties. It is how those 3rd Parties function and what commercial agreements operate. Anyone who beleives it is OK for Directors to share duel roles between connected companys, need to think again. One wonders what commercial eperience supporters of such activities really have.
If there is nothing to hide lets see the comparable Profit and Loss accounts for Panagraph.
I don't really get the obsession with Pranagraph either.
There is a legal requirement in India that TGR ( or any company) cannot sell direct to a consumer, so a 3rd party arrangement is required.
It only applies in India and the % sold to India is known. TGR have detailed this many times as well as the 3rd party arrangement.
The obsession seems to stand with those who wish to spread doubt and suggest the arrangement covers ALL that is sold, which is not the case.
Be unhappy with much that has happened here by all means, but this relationship is not one of the factors, imo.
DYOR
Me and a couple of others are trying to extract data from a few import export websites in India
To get to the bottom of the prices at which Pranagraf is buying from TG and how does it compare to others
Will share details as I have them
Saluc earlier you posted this statement{-
""Panagraph isn’t a public company. All results are audited, every year. I don’t know the board of all our other customers either. I can’t understand this obsession with Panagraph, the relationship is clearly more beneficial to TGR"".
As you seem to know Pranagraph can you direct us to where the audited results can be seen?
The claim that Pranagraph's relationship is beneficial to TGR, shareholders in TGR have right to see those results?
Putting aside all the personality issues for a moment, as I see this it's about cash now and not the foreseeable; what are the new group suggesting on that front?
Completely agree with HarChris and his earlier comments. The company is on the brink and keeping the same management isn’t going to change anything. Time to let an independent board look under the hood and at least check that there’s a viable business here. The Poddar’s will still own their shares, and who knows, the business might actually start to recover!
The inability of Shishir to let go of the reins is one of the biggest problems the company faces, so a refreshed board will at least restore some market confidence.
Time for change before it is too late!
Ignore all of the stooges here and as I did earlier vote in FAVOUR OF ALL THE RESOLUTIONS
“ In April 2024, GreenRoc received a letter of interest from the US EXIM Bank. CEO, Stefan Bernstein explains.”
Video worth watching on twitter, funding secured for Greenroc, SP at 2p, new broker in last month and I believe cash poor. Assets not worth half of TGR’s. Hope for us yet 🤞
FD, just an investor. I’ve never had contact with any of the current or previous board. My return today would be -54% lol, I’m up shot creek as much as anyone.
You understand it’s innocent until proven guilty. Not the other way around, you can’t just throw completely baseless accusations around and demand to be shown proof of their innocence. You’ll be at risk of sounding like Tomorrowyesterday..
Saluc, be honest what is your connection with the Company? You are defending TGR, avoid answering questions when you claim to know Panagraph's trading status..
Tell the truth or answer the questions I have asked?
More and more rats
Not really no but I have a good few friends invested here who are sticking it out to the death and I'm fairly convinced that the company as it stands is heading for failure.
Even if the new group succeeds I wouldn't rush to reinvest because Shishir has driven the company to the brink of administration and it will be a real challenge to turnaround as well as require a significant amount of capital.
Shishir couldn't even guarantee meeting the July CLN coupon yesterday which would mean almost certainly being dragged into administration and yet some carry on cheerleading for him - it's madness.
So it will benefit you for the board to be replaced. So would you agree that makes you biased? Even go so far to argue there is nothing unusual in the way that FTG released optiva’s resignation letter
I don't feel comfortable holding through this current turmoil and certainly won't be buying back in if the company remains in the hands of the Shishir, Puruvi and Alastair. I wouldn't care if it was 2p I personally see little chance of the company surviving the next twelve months with the status quo so any price would be too high for me.
I'd take a chance on new management and at least buy back some of my position, so yeah waiting to see the result of the upcoming vote.
Saluc it is also human nature to enquire., in and in your case avoid the questions.
Please provide answers to the questions I have asked. It should not be difficult if everything is honest and above board.
HarChris I remember you saying you sold the last of your holdings, so no skin in the game are you waiting for SP to drop or new management to get in?
Sounds as if the most likely conflict of interest was himself, working for TGR as broker while as you just said obviously siding with the Group.
I don't get the conspiracy? Optiva tends to only post the positive stuff on their twitter rather than resignations. Christian is obviously in communication with the proposed directors, just as he is with Shishir as well and has come to the decision to side with the proposed directors in the interest of their remaining holding.
I assume Christian forwarded the resignation letter to the FT group and gave them his blessing to share it.
So why did the FTG post it and not himself?
There's nothing inconsistent here - the resignation letter is very clear on the reasons Optiva has resigned, it has nothing to do with the operations in Madagascar.
Was Christian Dennis‘s Madagascan interview before or after he met Shishir in London?
He said in his own words, “you have done an amazing job, all of our investors are very happy with what you have done”.
Very strange that he decided to resign as broker a couple of months later, even stranger he didn’t release his resignation letter on his own platform but instead had the group to do it for him, hours before the QnA.
I can’t prove he is working with the group but this strongly implies he is at least still in contact with them.