Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
So in 2007 it went for A$1.25m, think copper prices were good in 2007, so must have been some good results in proving it out the last 13 years ,one to look into today thanks LS
I was surprised this part of the acquisition wasn't bought up it the interview a new director on board
So what is this guy going to do? LW.as the trolls say more Jan tomorrow ffs no thank you
So what happens, if PO don't sell shares ,how does CB react to having staff who own 10 fold the number of shares in the he company than he does.Any one think this guy will take over the helm of XTR..or will he just takeover the running of the Australian acquisition? any thoughts
Let thing idly go on it your own fault
It's our asset ..we knows we're low on cash,none of us would want a further issuing of shares to prop up the company before Manica hard rock delivers, if someone was building you a house I'm sure you would be pushing all the way not just idly standing by..then your house costs spiral ,due to the delays start moaning ,if you let things didn't it your own fault
Don't worry Colin said in podcast Manica is looking after its self now, so chill out ,hes never taken his eye off the ball..free milling equipment is already in the area so should be hearing of progress on this in near future.
I'd imagine this could be TW getting out..soon know if he gives Bird both barrels in the not to distance future
Well let us all hope it isn't a repeat of Xtracts Chile copper mine experience,which led to nigh on 15bn shares in issue.,before consolidated. He does love dishing out shares
Ok I was taking the pizza last message , sorry number of shares in issue has increased by 21.88% . In my view this is what it cost the sh..
I've just listened to the pod cast again CB States this cost 16% of the company Jdau isn't it around 21%,sorry just checking as either me or Colin are wrong
Jdau thou I haven't posted I've held for years ,get out of Colin's backside for godsake, I've got my views and diluting my holding by 20%,I think I can have my say as you do. Who know how long this deal could still have been on the table you don't for sure.they were in a cash poor situation,us on the brink of massively increasing mcap with current projects..they had nothing and the terms the samebut share price hopefully double so giving 10% of the company or maybe 5%, they won't hold the shares and you know it, the deal is poor imo dimly due to timing
Yep I've learned over 2years plus that to CB it is a game,it's not about share holders,this is not about putting money in shareholders pockets, it's about Mr Bird and his insatiable desire for copper(not chips),when there's a goose ready to lay golden eggs for him..well 80% for him now. He doesn't seem to want adulation from sh but from the mining community in general
Unless Ian continually cashes in his new found riches,but he knows the shares are a multi bagger so he wouldn't would he.
Well I hope I'm wrong but we've paid 12fold what PO paid in Dec2017 ,and paid the debt which is what they paid for the asset..have I read this correctly..?
has agreed that on notification by the Seller, prior to Completion, to settle from existing cash resources, a maximum amount of A$200,000 (£108,000) in cash relating to outstanding liabilities of ProspectOre, primarily being the cost to acquire the Anglo Tenements as described above, and Director loans of A$25,000 (£13,500).
How much did PO pay Anglo in 2017...
LW, what do u expect 100m free shares to do to the SP, from what I can see PO, was worthless,no cash FA to develop this asset and bird throws them at Least £1.2 unbelievable imo
Wonder what salary the new Xtract director from PO will be on...more than LTSH
So 100,000,000 shares ffs