Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
The way some of you guys,were talking over the weekend,we were all doomed ,it’s as if some of you want it to drop further,we haven’t a clue what’s going on, and we will be the last, to get any info, so stop trying to predict the outcome,I’m in here heavy,and will be to the end.
nberzins, i am little sad, at the way this is developing, playing out, there are some companies out there that have nothing close to what we have, money in the bank, no debt, plenty of gas, some oil, good customers for the gas and a plant to be brought on line, within the next six months but they have more value, anyway here to the end now, whatever way it goes, but hey ho onwards and upwards,home today after a three week trip offshore,lots of booze
I remember someone on here saying that we dropped because the price of oil fell, back to the $50s, so why are we not heading back up as oil is just above $72 mmmm, makes you wonder if some people actually know what they are talking about on here, we are all just guessing the next move, as we all know we will be the last people to get any information to what is actually going on, and we will only get this info when, the big boys has had their share of the pie, and we will be left with the scraps, to feed on.
HURRICANE Energy has said it expects to generate $200 million cash annually from production from a giant field West of Shetland and predicted its success in the area could be a game-changer for the oil and gas industry. The independent said it is on course to start production from the Lancaster field in the first half on schedule and budget in a development that could have big ramifications.Estimated to contain around 500 million barrels oil, Lancaster lies in an under-explored geological area West of Shetland which Hurricane’s founder Robert Trice realised had huge potential.The start of production from the field would put Hurricane on the way to generating massive amounts of cash that it could use to bring other finds on its acreage into production.The company’s progress has already helped stoked interest in the West of Shetland area as oil and gas firms look to make the kind of bumper finds that can underpin long term production.These are increasingly hard to make in well-drilled areas of the North Sea.However, industry leaders said news yesterday that Neptune Energy and BP had approved plans to develop the Seagull find off eastern Scotland showed the North Sea remained an attractive investment opportunity.Hurricane’s chairman Steven McTiernan said developments over the next year could be "game changing" for the firm and its shareholders and also for the wider UK oil industry.Hurricane may be able to confirm the potential of another find in coming months.It will drill appraisal wells on the Greater Warwick Area after North Sea heavyweight Spirit Energy agreed to fund up to $387m work on the acreage.Spirit, which is part-owned by Centrica, bought into Greater Warwick last year, describing it as one of the last known world-class oil development opportunities in the UK.