Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
carollion was talked about yesterday at length fair enough a drill being paid for but 9% cut in the profits if anything is found is not good deal for rbd,
W-N did they just start a fresh test be weeks away and indicates they haven't found anything yet, what's more the growing local opposition is mounting could long delays ahead, and whats in the ground will require money to get it out id expect a big dilution coming
@lenin its 2 years since it was any where near that and that was still some way off. your in lala land if you think this is going anywhere near 1.68. unless you meant 0.068, but both would still be not realistic, too much bad news about for it to head there,
you tell me i wasn't saying the 11m was all one person i was many people
really what about the flare guy @ch was banging on about the everyone came on a said he has manipulated the price for ages i guess you only see and hear what suits.
so use the term because the tweeter rampers seem to be still here havent moved on yet, but the steam seems to be running out so might see them all bail soon even at a smaller loss now than before.
didnt you same the same about the 4m seller, if you have no idea who it is you have no idea who all is selling just looks like the peak has been hit and people selling off now. and dont worry the will more shares soon when money is needed to offset
@ruby nice to know,i personally would hate to have a my quote, "quoted wrong" but still waiting and with planning in for another area its not looking really good is it, im not saying no value but rather people will have temper there expectations
is it very or extremely likely this will be delayed.
and in the mean time the sp will fall back down. after this quick pump and dump that we all know is happening on no news.
been waiting for testing results since last nov..now they moving on to planning because they have nothing and need to expand which going to run in long delays and strong opposition,
@ch great an official source should have a link, if you would please.
@ch Mightjus' as well spen' all my time tellin' you things and then you forget 'em ?? cn i have that in Irish or english please so i can answer
@ruby takes one to know one.. nice insightful views, anything of substance thou??
@des45 spot on case in point ukog
@CH ive tried to accommodate you by providing a link to more resent time did that not please you?
furthermore what you claim I'm to be doing, you are doing the very same? only with your spin of things if you stop to look and think about it you will see that too.
@jimmy thank you at least you making an informed and not irrationals decision to your investing
i wait to respond to jimmy so im not blocking the chat you are able to post your views just like everyone else
RNS-misinterpretation.
thank you again you could prove my points without the waffle thou, you said "The value of this licence right now is less than zero, unless it gets drilled and it actually finds commercially producible oil, showing no value, you then went on to say
"What are the chances that this well will find commercial oil? <10% so what is the value of the 9% given up compared to the value of oil/gas if found, that is all i asked for not the rest of the waffle. thats why cutting throu what your wrote you tip toe around the point. now ill help you out a bit you cant give the answer because we dont know yet, but if found it going to be a bad deal for rbd.
if you dont understand that then im not the one lost.
https://drillordrop.com/2021/08/19/councils-joint-fight-against-rathlin-energy-expansion-and-production-plan/
just to keep @ch happy we know he dosent like to talk anything but his book but hey this id drop fast soon.
@ch last week people linking to videos from last nov...you didn't chip in with any of the sort then when it suited you ..
https://drillordrop.com/2021/02/12/council-urged-to-rethink-ruling-on-west-newton-drilling-plans/
it looks like long delays ahead, this could even go all the way like (ukog) when all that starts and people actually read and understand the 9% drop in protentional profit from carollion then .20s will easy entry. so im not too worried as i said before the pump and dump crew will only prolong the path of this.
it will get there, little pump and dump before then, enjoy it before it ends
did they give a time frame for when they will officially come out in opposition to the plans,
it was in the letter there would be strong local opposition, the pump and dumpers here wont care thou they will be long gone by then id say,
R-N-S-misinterpretation
straight up question do you then value gross/net protentional profit of the operation to be only 1.8m- 2m ? is that your claim?
if not then, it clearly is a bad deal. so please stop your misinterpretation of the rns
@rnst well wow what waffle to hide the facts that no sizeable company took up the offer. wonder why?
just tell me if 9% is worth only160-180K, purely got robbed, and do tell me how that is not bad for rbd??
because while explain the process pretty well you have avoided the crunch point
whats more by the sounds of it you seem to be saying you dont expect them to find anything any way is that right? its the only way it looks any way possible to look like a good deal a free drill but if they do hit something rbd have lost out big time. thanks for confirming.
@cloves i do stand corrected then.
thats even worse then, more exposed then than i thought at first and was not the game plan years ago. the the protentional loss is still there and down by 9% lets say 50% of 36% as opposed to 50% of 45% still big loss in anyones book as baron got in on a steal,
and so when i said they forgot to update before going on holiday i was right about that part.
please go to reabold website there interest in corallion is 36.9, @cloves where are you getting your figures from?
"Reabold has a 36.9% interest in Corallian Energy" from the website
@cloves i know its common but given rbd has only a limited interest in corallion 36.9% and to lose up to 9% now is not good for rbd.
takes any protentional profit away, and has not been rns here and it really should have been given the impact and all the other parties have.