Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
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Keep trying cranky all 4 of you :)))
Garyn said it as it is... "The BOD are categorically not making an offer for the company! Maybe learn how to read the RNSs - the disclosure is on behalf of the offeree not the offeror! It is just a standard form that you get when any company comes under Takeover Panel rules and is just a statement of the directors current holdings/interests in the shares!" ...the pumpers are trying to spin it otherwise to fool the unwary into thinking that the BoD have announced a takeover. Shameless individuals working as a team here. Same as at AIM dogs CTAG, BOS, ZIOC, etc where many of them have done the same before.
I rumbled you today dregsy and you just don't like it. Unlucky.
On the contrary. Derampers only appear at the sign of blood and want a company to fail and sentiment towards it be negative. Rampers are at least on the Lth’s Side and intend to see longterm holders have value in their holdings returned. Traders or LTH’s have rampers helping their cause. Derampers should be ashamed of themselves wanting the worst for those holding the stock.
If there is no RNS tomorrow I'll be adding first thing..
Stooping to new depths teaming up with the gutter boys. It’s a shame peeps like this exist in this game who only want the worst for LTH’s. Sad to see all these cronies want is to see a company go under and for all its holders to suffer. Shame on you. Sleep well, and smash all your mirrors. Your jealousy will bring you swiftly to your end, Karma !!!
Following the Company's confirmation on 3 April 2018 that it had rescheduled debt repayments due on 31 March 2018, Weatherly confirms that it continues to be involved in negotiations with Orion Mine Finance (Master) Fund I LP ("Orion") to agree a long-term restructuring of the Company's secured debt facilities with Orion.
Exchange rate https://www.xe.com/currencycharts/?from=USD&to=NAD Currently at 1 USD = 12.70 NAD NAD as come from 11.70 ish to 12.70 in the last month , Hopefully this will continue.
It looks like the gloom and doom merchants are making out as if this company is going bust tomorrow. The Orion debt has already been rescheduled as per the RNS of 3 April and when the debt was there even when the market cap of this company was more than �15m. The market cap is today less than �3m and we know that there is a strategic review of the company ongoing which may or may not lead to an offer for the company. Fact remains that Orion have supported recent acquisitions and agreed to the reschedule of the debt as follows. The increasing copper price may make this attractive to a third party who may be willing to pay off the debt and make a reasonable offer to shareholders. See below Debt financing and rescheduling of repayments Weatherly has entered into a further amendment and restatement agreement in relation to its existing facility with Orion (the "Amendment and Restatement Agreement"). The first repayment of Facility B, previously due on 31 March 2018 is now due on 30 June 2018 and payable quarterly until 31 December 2019 with a final payment due on 28 February 2020. The Facility B Final Maturity Date remains unchanged at 28 February 2020. Facility B will be repayable in 8 equal repayments of capital and accrued interest of US$14.1m. Repayment of capital and accrued interest of US$11.0m under Facilities C and D of the Amended Facility has been deferred until 30 June 2018. Orion has agreed, effective until 30 June 2018, to limit its acceleration and enforcement rights on the terms set out in the Amended Facility.
Actual positive news would give it a big rise, just not the pump and dump rubbish some have been pushing today as ‘news’! Just depends if shareholders get hammered in any sort of deal with Orion to reschedule debt (problem is that it now looks like it will never be repaid from profit from Tschudi) - it is the biggest shareholder here, but that is worth around £700,000 compared to the $116 million odd it is owed!
The BOD are making an offer, it doesn't surprise me
me too,inverse reverse inplosion loop.lol.
i reckon most of mine are oversold lol
like imm the other week this is probably just bouncing off the oversold.
I suspect it is a deliberate attempt to distort the fact rather than simply not understanding the disclosures- basically trying to con people deliberately by lying!
failing to see where the rise came from tbh , but good luck if you got a trade out of it
The ineptitude and ignorance of the pumpers here is staggering isn't it Gary. Unbelievable.
Dregsy, you'd better report me for multiple aliases then. Jeez, you are the idiot of multiple villages
The BOD are categorically not making an offer for the company! Maybe learn how to read the RNSs - the disclosure is on behalf of the offeree not the offeror! It is just a standard form that you get when any company comes under Takeover Panel rules and is just a statement of the directors current holdings/interests in the shares!
very interesting The BOD is making an offer for the company.
Lots of shares changing hands.. Bounced off the lows.. Same again tomorrow or until news
Market Outlook With the bullish pattern detected today candlesticks warned short sellers to be on alert. Market sentiment may be changing in the direction of the bulls. He he he.
4kandles it is an lse offence to have multiple accounts on LSE.
Dregsy, where are you gonna show up tomorrow?
Sorry Jess. You got spiked. Never follow a P&D. It'll drop tomorrow morning, likely, but the company isn't finished yet so you never know: you may get your money back at some future point.