Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
It was Borgo. I never really understood why he said here comes the sun. But he said it often amid his tales of the euphemistic Sharky's bar.
Back to this share. We will know soon whether it is good or bad news. I know no more than anyone else, it's a waiting game.
I remember many, I think bullyboy was indeed one, eyeinthesky too.
Now where is bluehorseshoeloveschipfat at a time like this (parody of the nearby discovery)!
Can't remember the name of whoever it was used to post on DES/RKH about one legged Pete, the barman and the cellar man.
There are many who are misleading on these forums. Some of them actually do seem to have a degree of knowledge early, but use it to manipulate.
We all have an agenda, some to manipulate others.
Personally, if this is a success then I will sell and take the cash. If it is not a success then I will be locked in until they try the next venture. Bandy gets a lot of stick for taking so much out of the company and I agree that for a company with no revenue he has paid himself rather well. However, he started the business and has always managed to keep it going to the next venture if one failed.
Can only hope that this one will come good. It ain't over until the fat lady sings, and the theatre doors are shut so we can only take our seats and see if the final number resonates well.
Fair point, but depends when he bought in I suppose. What I put in RMP for Puntland is now back in profit, not massively but after years of it being a write off, positive territory is good. RMP were literally worthless for me as I live in Oz and they were delisted for some time here due to lack of business activity.
Personally I feel very positive about the outcome, although, until they confirm an outcome there remains a possibility of bad news. They seem to be being cautious in a let's not over egg it until we know for certain, rather than let's put a positive spin on what we think is probably a fail.
There's been much said about the RNS that tanked the price. I think they may well have drilled through that interval and seen the cuttings and LWD and thought that this might be the primary target and that was all there was. Hence, they released the news they did, as the seismic could have been out by a 'few' feet. Then they drilled deeper and realised the seismic was, kind of out a tad, in so much as it had not predicted the additional interval of low quality above the primary target.
The next few days should be very telling as if the wireline logging shows its just water then they will know this imminently. Thus, if no bad news by Monday, I would say it safe to conclude that it's oil and the interpretation will determine just how much.
Freaky teeth, I used to post on iii too, many years ago. I was Goldielockandthethreebears. I just set up an account on here, been watching the chat for a couple of weeks.
If you posted on iii, you will know I was in DES for the oil to water fiasco, RKH for the great find let's become a producer, ermm. And of course, Puntland.
The news about this drill so far sounds positive, that said, the words of the CEOs about measured/cautious optimism are so true. If the results are as good as it appears they could be then wow. Although, until the results are out, it could still turn out to be a disappointment.