Let us not lose sight, this has only come about from pressure from the FTG group calling the AGM otherwise TGR was heading for a take over by Pannagraf for peanuts. Shishir systematically got rid of the previous board and not replaced anyone. Lets hope the new Chair reviews the setup and structure of TGR going forward, lets hope also the FTG group can meet the Chair and put forward their concerns.
The Hard Question everyone has to to ask when casting their Votes, is why so many Directors left and not replaced and why has the Madagascan Government has witheld the VAT refund for well over 12-18 months now ? The Poddars kept saying it was due anytime now ?
Unfortunately we are tied in to Leo via the Bougouni west deal, i feel we wont move on until Leo comes out of suspension.
"The sale of the Bougouni West concessions is a direct result of our focus on the upside potential at our Bougouni Project, highlighted by these recent outstanding intersections at Boumou and the Company's priority on providing a long life resource base for the mining operation that we are developing with our partner Hainan Mining Ltd. Kodal believes that the best return for our exploration expenditure will be in the Bougouni Project, however, our agreement with Leo Lithium means we retain exposure to any exploration upside at Bougouni West and that the necessary work will be completed with a greater focus than could be justified by Kodal."
RLL93
So what will Aterian have once the Government takes there 20 -30%, as they all seem to be doing
I assume the Money from RIO is for Aterian to let RIO know whats in the ground
Just looking at Kodal, Aterian will need Millions to build a plant, what RIO is offering is peanuts
Dont know if others agree, i have been monitoring the actions of Qube and im convinced they are keeping the price in a range for another Bidder, i have noticed a key employee from Apollo has moved to CVC recently also, just my thought on things
Http://bamada.net/reforme-du-secteur-minier-au-mali-vers-une-souverainete-renforcee-et-une-meilleure-integration-economique
This maybe the reason for Delay. Mali Reviewing all Mining Policies with Minining Companies
I agree with you Jedster, thats the way i read it. Anyone going to the AGM some straight questions to A Yeo what number of interest have they had, and are they pushing the Timor Government, to inform Energy businesses that they are open for business, it maybe a case that some busineses now have the mentality once bitten twice shy.
I have forwarded Questions to Yeo but he will probably duck them for more waffle.
Great Game of Poker, shorts have'nt reduced either, lets see who blinks first
Needs some positive news soon, or possible takeover offer will appear i feel at this level
Currently no short positions on LTG, so looks like they have gone with a nice profit no doubt.
Good Riddance to the roaches
It has been on Auto Sell for the past 2 weeks, definately someone off loading, hoping LTG are in the process of buying another good bolt on company
Feels like a big investor reducing shares, should have rebounded after latest update,just shows hard to read the market these days
Evgen are on the right track, time will tell
https://www.youtube.com/watch?v=3ImlLsub2Ok