Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
@Peggy, the market was expecting news that as well as the CSD being commissioned, that x$M of off-take agreements were also signed. Until we have more info on cashflow, and confirmation of the number of off-take agreements signed, then the SP will be slow to move. I did correctly predict mid-April for CSD, and I shamed NvS on twitter into confirming CSD readiness even before I lined up the promised Off-take Agreements with some upfront Opex. 6 months late, but its a start. It would appear further patience will be required.
https://lithium-news.com/2018/07/03/copper-cobalt-plant-to-create-200-jobs-in-mwinilunga/
Does anyone here know why the October 2018 completion date was missed?
I will reply when I have time. Unlike Fulmar, I am actually working and not spouting off dementedly. I don't need to disuade potential new investors. They merely have to listen to the CCS, read the RNS, and they will be able to see that none of the promised deliverables have been delivered going into the 4th month now. Mentally deficient Fulmar''s views are of no interest to me. He should spend his time learning how to ask an intelligent question during a CC, then he wouldn't have came over as a dolt.
Off to work now Sketty. Glad that I didnt disappoint you in the manner in which NvS have disappointed me by failing to achieve the milestones he himself set out to accomplish by end of Q4/18. 4th month started, and so far nothing. Perhaps if you want answers you should email him and ask for the reasons for the delays, and why he hasnt accomplished those stated objectives.
Careful Peggy, Fulmar will filter you because you are fed up waiting for NvS to deliver. Not sure what yard stick is being used to measure NvS regarding whether he is a good CEO or not. The SP wouldnt be in the tank if he had achieved what he said that he would, when he said that he would. PI money has been spent drilling Kalaba, yet so far, no JORC Report. We are already reading that a new drill campaign will be started on Cheyeza and Lumbeta shortly when we havent seen the report from the first drill campaign!!??
As for Fulmar, he really believes that what anyone post can cause the SP to go down. Surely if the deliverables were delivered on or ahead of time the SP would surely reflect that irrespective of anything anyone post. He is giving too much credit to posters who he thinks have an agenda. Still, when a person has restricted capacity, that person is apt to start believing in conspiracy theories.
I'm filtered, booohoo. I'm so shook up.
ARahim, I am still trying to figure you out after that link you posted for me to look at regarding the old Chinese cook.
My religion is a personal matter. We do know that folks get worked up about religious matters, so I'll keep that to myself. Not sure how you arrived at the conclusion that I have no religion though?
Regarding your question, I'll reply by saying "For whosoever exalteth himself shall be abased; and he that humbleth himself shall be exalted."
Thanks Sta60, while I commend your sentiments, I won't hold out much hope. However, I am mindful of the effects the bickering can have on other posters who are new and don't know the root cause of the animus. So, I will try to be more selective in my responses, although I fear any post from me will always irritate them, no matter the subject, or tone.
Westie, it doesn't matter to me what you and Fulmar think of me. I don't need your affirmation in order to live. As for ranting and the like, you guys can go into your closed groups where the discussions are all 1 sided. I hold a honours degree in Electronics Eng from a distinguished UK university, specialised in RF Eng., & over the years worked on several radio products which have been awarded product of the year in both UK and Canada. Received recognition for my work with RF Power Amplifiers, & so while I don't like to blow my own trumpet, I am hardly dim. What have you, Fulmar, and your knowledgeable person achieved and contributed to society? Please tell.
@Librayang, Westie''s post just validated my earlier post. The minute you think differently, you too will become an odd ball. Name calling is the standard default response here which you too will be subjected to if your views differ. I will be here to see how events unfold.
Agreed, all tongue in cheek. I note that you also asked the same question on advfn but no one provided you with a response. Deciding whether to invest in a share is the same as finding religion. It's a personal thing. A truth which you can only arrive at by yourself.
@Librayang, since you are new here, I can tell you that only Ramping Rampers are allowed here. Say anything you want so long as it's regarded as positive. Post anything regarded as negative by thought police, you will be told to sell up and go, you will receive threats of being filtered, and you are most likely to be tarred and feathered and run out of town on the first stagecoach. Leave any thoughts of engaging in thoughtful intelligent debate on your desktop.
https://www.lusakatimes.com/2019/04/01/president-edgar-lungu-exoected-on-the-copperbelt-for-a-three-day-working-visit/
Knowing Africans as well as I do, and knowing how important ceremonies are to that culture, I am hopeful that the President will be at Kalaba CSD Plant to formally cut the ribbon. Here is hoping so that my countenance can return to its normally cheery self:)
So you did Poorman, I stand corrected. You did indeed raised a question regarding the experiment.
So as not to caste another downer, and be accused or relentless whingeing, I'm sure that you have also noticed that the price of cobalt today is significantly lower than what it was in January 2019? This while DRC's supply is reduced due to the irradiated supply issue. So, while Nero fiddles, not only is the SP stalled, our hope of generating cash is being whittled away as cobalt prices fall. Hopefully copper wont also follow the same downward path in the near term.
It doesn't bother me who wish to filter me, or ignore me. Go ahead if it makes any of you happier. When I was posting repeatedly in favour of NvS, no one moaned about repetition, whingeing, or the like. I was regarded as having some knowledge. The minute I asked questions, oh, you are Feeks. How odd. To think that I could influence folks to sell their shares is laughable, and shows the level of knowledge being applied. At no point have I told anyone to sell, whereas you have all advised me to sell up and go. Yet none of you are accredited to give that advice. Finally, none of you noticed that NvS indicated that he was experimenting with the sodium bi-sulphate process which is 6 times cheaper, yet in the end he went for the more expensive sulphuric acid process. Have you questioned what impact that will have on profit margin? No. I would heed you if reasoned arguments were put forward. Instead, all we see are guessing. Have you thought that the CSD economics might not be good? No, all i see are name calling, guessing and silly statements.
I'm happy to be compared to Feeks and Rider. And Westie, even a broken record plays a good tune when the needle isnt in the scratch. I think you guys dont realize that the more you hate what I post, the more I'll post. What is the purpose of these BBs? Only to post happy news? No need to email NvS because he himself stated in the ICC that he frequently looks at social media to see what is being said and he has strong views about naysayers. Plus, what is the point of emailing him when all of his promises which he made publicly, or via email responses turned out to be unreliable? None of what he has said has came to pass. He can read my views here. Yes, you guys hate to read what I post because it doesnt jive with your fanatical support of NvS who has so far failed to deliver on the key milestones against which a CEO's performance is assessed. I'm 100% certain that if NvS' compensation was linked to ARCM SP performance, he would be highly incentivized to keep the SP growing. Yes, some of you respond with name calling, and threats of filtering me, but I havent seen where you've responded with any facts which clarifies our current predicament. No, you all prefer to guess about the size of Kalaba rather than ask for the JORC which would provide a higher percentage of accuracy than what we currently have.