Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
The board don't control the SP, they control the company.
MTR has some great assets , the SP doesn't reflect the true value of the company IMO and of course the opinion of IC amongst others.
Look at the value of many listed companies since COVID, MTR has done well to stay around these levels, I'm pretty much the largest shareholder and will continue to add for sure
everyone has had the opportunity post placing to buy in at a price close to the "mates rates" , if you believe in the company add and don't worry about the placing, the cash raised will really help the company
Having now see the video , I am sure you will agree "virtually a dead cert" doesn't sound like something which only has a 35% chance of hitting some oil
No double figures for me as part of a larger entity now but still holding a pretty sizeable chunk here, including those that I took in the recent placing.
Its been good year for me on the markets so far and hoping next year starts the same way when we get the P1 results.
I really like the assets and BOD here, fortunately I can afford to risk losing my pot here but doubt that will happy, on the other hand the upside is likely to be a crazy if we hit the jackpot, I invest in exciting shares, I could easily go for safe FTSE100 stocks with a regular divi (pre COVID of course) but that doesn't interest me, I am an entrepreneur and risk taker in my own right (own business etc) and really like the risk / reward ratio here
Hi Ross
of course P1 is still their main priority and the likely company maker, CERP assets are an insurance policy plus access to additional types of funding RBL etc
Most people talk about P1 COS 35%, don't forget that doesn't mean 65% chance of a duster, it means 65% chance of not finding what they hope and expect, I am very confident there will be commercially viable oil even if we dont hit the jackpot
I had a private zoom meeting with Simon last week, its the first time i have "met" or spoken to him and was very impressed. I always appreciate it when the BOD reach out to larger shareholders and stay in communication. Obviously we couldn't discuss anything not in the public domain but he seemed very assured about both the P1 drill and the value of having the CERP assets
I bought mine in the placing but friends have been having the same problems , having to make a phone purchase and pay a huge fee for the privilege (ii for example £40)
Hi Big D, more positive and taken a long time but need to see 10p before I get interested.
all good my end m8 will drop you a text later
Nice to see so many LTH still here
funny enough I have had a similar conversation recently regarding this and they agree
As I have said before, genuinely if I was allowed to add more shares here I would, sadly I can't , that's how confident I am in the future here.
Don't forget in addition to my almost 30% holdings here, I also have the CLN i provided the company with.
I don't need to pump this, certainly won't be selling any shares in the short term but look through all the RNSs etc , what's not to get excited about
We all have to stick our money somewhere , you could leave it in the bank and have currency risk (GBP tanks versus other currencies) and get a really small interest rate (lower than inflation) or you could put it in what is usually a safehouse during times of economic uncertainty (precious metals), for many people directly investing in precious metals is very difficult and expensive, Tally gives the best of both worlds, direct investment in Gold in a very easy way, yet it remains as liquid as cash, you can spend it like cash or withdraw it very easily. Of course if gold goes down in price it drags down your value but as I stated above, its not tied to a currency and you are protected from currency risk. In the future I would like to see other assets able to be used apart from Gold, so Tally customers can hedge there bets or take a preference. This is of course just my own opinion as a private individual and not an official response as a member of the board
Hi Stix, yes still holding some EUA, unbelievable journey but sold the majority of my holdings there, that was a crazy ride, if I hadn't sold anything my £70k holdings would now be worth around £18m!!!
Hi Guys, I am still checking in on this board from time to and still very much on the Tally board and making sure shareholders interests are best served. I remain confident that we are on the right track and share shareholders frustrations that we aren't yet relisted. Everyone is working hard at Tally to make sure 2021 is a huge success.
Keep the faith guys, I know its hard but I am fully aligned with you all
Hi Guys,
Don't worry I am still keeping an eye on this board and checking in where I can,
Obviously I am very limited as to what I can say but I just want you all to know I remain 100% confident that this will come good here, its taking much longer than we would have I hoped but it will happen dont worry
Good luck guys, I look forward to chatting on here after news
I agree, I bought 50k shares and best I could get was 21.49p
people talk about mates rates etc but most of the time following a placing the SP drops close to the placing price and everyone then has the chance to get in at around the same rate. If you feel "excluded" by the placing now is the chance to be "included" , it wont stay this low for long
As most of you know, I already held circa 3% of BPC but have also taken another sizeable chunk in this placing.
Whilst none of us like placings and dilution, in the circumstances this was inevitable and a wise time to do it.
I am sure the SP will recover quickly and look forward to the build up to spudding