Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
They didn’t do a Q3 update last year so maybe may wait until Post April.
Thanks glen I agree DYOR
Great summary
Because he’s making it up as he goes along. He’s not a shareholder and just sitting in his mums box room trying to de-ramp a share
What a sad life you live? Created an account just to consistently comment on one stock that you’re not invested in. We all know what you’re at.
Get back to your box room.
Https://investornews.com/critical-minerals-rare-earths/an-update-on-the-graphite-sector-and-what-to-expect-in-2024-and-beyond/
'demand is set to surge this decade and next due'
'we will need 97 new 56,000tpa natural flake graphite mines from 2022 to 2035 to meet surging demand'
'IEA forecasts flake graphite demand to rise 8-25x' from 2020 to 2040'
Which is why I believe they will consider all options but my raise will be for working capacity to expand not for current assets as they have said they can manage within current production levels due to expansion of production. On the bond holder issue, they agreed the best approach with bond holders but there was one disgruntled one who didn’t agree and write damage (forged email in my view) as he was out voted by other bond holders. Poddar showed shrewd negotiation to manage his way through cash flow.
The latest set of statements from sep shows £175k but that was 4 months ago.. doesn’t to be sound like alarm bells but Poddar is making use of all routes of finance if he needs to call them in due to u foreseen (late payes) or other issues as contingency. By the way I respect your views I just view the risk different. I see the growth whilst your looking at the risks. If the MC was 40m I would maybe share some concerns but not at 13m. Come on BRES is £10m ACP is 5-6m. We have projects madagaster that have spent 15m approx on them and fully licensed and alll through DFS.
That’s ignoring current production of the first ever ex China producer making profit (soon).
Go hard, my recommendation is to
Invest your life savings. Sell your kids and your house. Go big you won’t regret it (joke by the way).
My views nothing has changed with some major milestones
1. #TGR are at break even point with production figures of 7500 expected for H2.
2. With increased production this will drive the gross margin back to levels not seen by other producers.
3. Cash flow is tight but TGR to date have continued to manage cash flow and imo will only raise to increase production.
4. Accounts receivables in latest set of account £6m versus £3.4m payables. Charging this with suppliers and VAT payments will his accounts soon.
5. TGR has virtually 0 debt.
6. #TGR has a market cap near #BRES when we expect to be cash flow positive with other suppliers forecasting at spending £50m to get to 30k capacity. I have just topped up and expect to be at 40m market cap in 12 months.
All depends if poddars can deliver. My view is they can, they know graphite more than anyone and look back at what they have done within 3 years. No other company has grown how they have. Yes issues with governance but any growing com has issues #TGR
Second point is the concern in accounts on 6m CLN. I think people have misread this. TGR are looking at all available options but do not need to raise
“ the Company's current established capacities and operations provide reasonable basis to assume that the Company can continue to meet its costs and cash requirements at the consolidated level with its revenues.
While the Company has been in a stringent cash position during the period under reporting, the Company continues to produce, sell and realise sale proceeds within its available resources. The Company is engaged to explore possible routes to ease its liquidity position including realising VAT refunds, banking facilities at subsidiary level and, in the meantime, it continues to manage its business within the available resources.
Taking in to account the comments above, the Directors have a reasonable expectation that the Group has adequate resources to continue in operational existence for the foreseeable future, given its current resources, installed capacities and operations, and growing sales and revenues which are expected to add positive operating cash flows, ability to raise finance for which the Company can use and leverage for its future growth.
Were the Company unable to meet its cash flow needs from its current revenue resources, the Company shall not hesitate from raising any gap funding and the Board believes and has demonstrated that it has the ability to do so. Therefore, the Company continues to adopt the going concern basis of accounting in preparing the financial statements and is of the view that with the development of the business and creation of capacities over the past few years, it has attained the status that it shall remain a going concern for the foreseeable future”
Paul,
My take on LW is if he’s in he should sell up. He’s in the wrong share if he expects plain sailing. This is a binary stock which will go to 100m Mc plus if we get it over the line in next 1-2 years or will not. You are getting unbelievable value if successful but there is a risk that it might not be……
Got to give the new CEO opportunity to lead negotiations. He’s delivered on most of his promises to date with MLs
Https://aimchaos.files.wordpress.com/2023/04/tirupati-graphite-valuation-analysis-05.04.2023-5.pdf
Found it. That’s when at 36p undervalued now at 17p
Can anyone find or dig out the link for me please?
Imagine being the investors who took part in the placing. For them to invest millions they must have given them re-assurances. I expect they new about the LB negotiations and that CMET had several offers on the table….
This is positive news in my view yes slightly longer but we are not selling our product at cheap rates. We are in control.
Been watching SAV for a while but just can’t see any construction in sight for next 5 years. It’s a tough process getting through EIA and to production.
Looks to have a great project if successful. Is there any immediate news over coming 6 months? Keen to get back in at some point
Hold onto your hats this is about to explode… big 4 weeks coming.
The positive aspect is the results recently released where from September 2023 so we are over 3+ months on with capacity increasing and vat refunds being gradually released. The company has made it clear they will not fund raise at this value and have done excellent job in managing cash flow. This next 6-12 months will hopefully be transformational….
i have a job mate don’t have time to read all the ****e people post. report him if he’s talking tosh…
Can you expand?
The big boys are loading up
Is this a new investor then…..