Tirupati Graphite Share Price (TGR)

Seems to me there have been three value drivers announced in short term. Just sit tight and await news.

I can't know if this will allay your concerns or not, but I am also someone who has been invested here since the IPO, and seen that investment reduced to about 5% of what it was. It is thanks to the recovery team that it is worth as much as it is; without their efforts it would be zero and there would be no company. I think what they are ensuring is that this company recovers its stability and strength and goes on to make a future for its investors, and for that they should be rewarded in proper form.

I think your ire is therefore slightly misdirected and should be rightly reserved for those who caused the loss of value in the first place and, to use your phrase, 'took us for a ride'.

I recognised what was going to happen to my investment and decided, rather than wring my hands over the loss, to have a strategy to rescue something. I felt that the original business was still the sound prospect it could have been from the off; the problem was the old management, now thankfully gone. My plan was therefore to reinvest and recoup my losses in the future, which will, hopefully, come about. If the recovery team bring that to fruition they will have my gratitude, and will have earned their fee.

Hopefully someone can allay my concerns on this but reading through the resolutions it reads very much like Optiva & co will continue to award themselves shares, I'm sure take a healthy salary over the next few years and continue to heavily dilute shareholders to raise money and keep the wheels turning

There'll be a few still on the forum who had invested in the company in the early days of listing in good faith, and have been essentially taken for a ride by Shishir and his daughter, share value now next to nothing, with the supposed recovery team now in place and from what I can gather, ensuring they reap the rewards of recovering the business, not protecting the interests of early investors.

Thank you @Oldfortyniner , yes it is probably that. The other possibility that I thought of was perhaps Stop Losses triggering, but what you say seems more likely to me.

TGR is genuinely at a major inflection point. The recent name change, the encouraging development options around Mozambique, the restart of production in Madagascar, and the new management incentive plans all point to a very bright future ahead.

Like many shareholders, I’m eager to see detailed production figures and forward guidance. While it’s been frustrating not to have received these yet, I appreciate the cautious approach — we’ve seen them before set targets only to miss them. It feels like the team is focused on bedding down operations, reaching steady-state production, and then communicating with confidence.

Getting to consistent production levels is absolutely critical. If the company can achieve break-even or better, I believe we could see a dramatic re-rating as market trust is rebuilt. Compared to our peers, TGR has the potential go beyond 50m market cap ( 5 times from here) once production is stabilised and scaled.

The next RNS will be extremely important. If we see current production hitting 1,300–1,500 tonnes and ongoing guidance above 1,500 tonnes, I expect a strong and aggressive re-rating, if not its over..