Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
Personally , I think as this stagnates sideways and as other players overtake us in a field where we had a chance to dominate, more and more blame should be placed at the door of senior management here. I know some will disagree but their wildly over-optimistic comments about production targets , misleading assertions of "hundreds of enquiries" , U turns on major things like JSE listing (without even an explanation of why it was no longer a priority aim!) failure to do anything following the "we hear you" and "We can and we will do something " promises compounded with the unbelievably slow progress of both Lemur and the political state in SA (not in their control I acknowledge) have meant that many many investors are now wary of investing in the potential here until they see it in confirmed in cold hard numbers. So , I for one feel that the management here needs to take a long hard look at it's own performance.
Well , I think BBN hit the nail on the head..............Exquisitely complicated like only #BMN can do.
Why oh why can't we have more transparency in the structures - I believe it is one reason the market undervalues the company.
Specifically. I'm not sure I understand why Garnet are objecting to the investment anyway? The announcement on 14.7.21 said simply "an alleged breach of the joint venture agreement in relation to EHL". How does the investment represent a breach
Well, I've read this several times and it's as clear as mud. Anyone explain the options open to BMN please ? I suspect that like everyone else , I'm sick of new shares being issued for payment and then sold down interminably as the recipients claw back their investment.
Got to be more than simply cost cutting or tidying up - the rise suggests someone has been acting in a way that was possibly unhelpful to the SP. Otherwise I cannot see any way that the rise could be explained?? And the tone of the RNS smacks of "pack your bag and leave the building now"..
Hi Alfa,
Alfa: Yes , would be interested to find out more - how do I contact you privately ?
PS I emailed interest to the company last night and had a reply this am saying they are looking to open sales in EU in 2022 and enquiring whether I would send my details as they are looking for distributors.
DSH : now THAT is really interesting - I am about to put a large solar installation n the roof of the house and efficiency would be better with a battery. Did NOT want a lithium bomb inside the house, so a domestic application for VRFB would be perfect !!
JJJ: I anticipate that even you as a drum -beater would have to agree that my expectations of company performance and share price movement are amply supported by the fact that the MCAP is just over 115 m and the SP is down close to 22 month lows? Victor