Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
Falcon says they are well capitalized. I disagree. They spent 4 million last year on what ? So if no drilling till 2019 that will only leave 1 more year of money. I agree maybe a secondary some time in the near future. Especially if they want more information and producing wells.
This is a possibility. But let's get some news . I still believe a double on decision day. Or 10 cents. Origin is horribly run and shareholders would probably welcome a buyout. I don't believe they have made a profit in years.
I feel the Fed's will have to intervene. I just don't like what I here, especially if the vote has to be unanimous. Tried to research all of the 8 cabinet members to see if there is a bias. Found nothing concrete but someone was giving information to LTG they knew before anyone the date and time of report. Still feel risk reward high and haven't reinvested.
I knew no decision would come for months. The report was purposefully delayed and the decision is also. The government's timelines have never been met. Some bull chit excuse after another. This report is basically the same as last and the previous one and ones done by every other state and government. Just more regs, commissions, and costs. Oz is S.A. delay and someone will fill the void and NT will see no benefit. Got a the long longs.
The referendum requested by the opponents of fracking can be granted ;but the vote is not binding and the territory does not have to adhere to the results. It's called an Advisory Referendum . 5000 plus signatures.
They are all Machiavellian in their make up. If Gunner is really looking to be reelected he will not make a decision till after 2020 election. If he makes a decision now there is not enough time to see real benefits from these fields. No one is planning on doing anything this year or during rainy season of 2019. He sees nothing to gain. So what would a politician do? Well when a decision was to be made on the crucifixion of Christ, PP washed his hands and let the people decide. Nice out, or he can keep delaying get reelected; then see the light, lift ban and reap the rewards. Referendums in Oz range from where to put a dam to daylight savings time. So don't be surprised if a vote is the option.
First anyone who thinks that the report 's release will lead to a quick decision hasn't been watching. When the report is released it will be followed by weeks of delays for a scheduled meeting or talks to discuss what it really says. Then meetings to discuss rules, regulations and who will be on the oversight committee. Gunner's decision is not coming in days or weeks. Also the majority still don't support fracking 43 percent is not a silent majority, yes most are silent, but the vocal 42 percent minority will do everything to stop a quick decision. Including asking for a referendum, the vote to let the public decide.