Member Info for glynbristol

Wow, the futures here. The link takes you to a Science Direct publication of 15 Match 2024!

I think chewing gum route is a bit of nostalgia and should be dismissed. Surely we don't want to go back to the days of chewing gum being stuck to the underside of desks and chairs, and spit out onto the street, crushed onto shoes and into pavement, and a nightmare to remove. And there is nothing worse that facing an open mouthed chewer when trying to have a conversation with them. There is a reason chewing gum is out of favour, it's antisocial!. Why waste the money on a dead duck like that, it's just a gimmic. Professional products require profession presentation and administration. If it works, why choose a route to market that's more akin to snake oil!

Ingodwetrust - how exactly does a potential aquision buyer push down the share price. I am interested to know how. .

Point taken HarChris. I will go back to sleep. If you are right, I hope they get well soon.

No point speculating why. All we know is that the accounts are late, and that the auditors are not happy with the evidence presented to support the account entries provided by the company directors, hence the extra questions. I am not surprised, but my reasons would be speculation.

Now we know why. They were in the know about today's RNS.

According to lse above. Ex dividend date is 13 APRIL 23, so a month to go.

Confirmation that that is the case, and it's stable!

I think (or rather I trust MrGoogles opinion) that there are more than 2 graphite producers in the world, and some are producing over 150,000 t a year, almost double tgr endgame output. Don't take my word. Google it!!!!!.

With reading through the 100 plus argumentative drivel on this board, I am not sure if anyone has said this but I think share price has held up well. Remember there would have been those that would have bought last week in anticipation making a quick buck if the results were great, and they would have sold up and moved on in the last 2 hours. Now we can await the dividend chases, which will being back the share price. So, not bad. ( Yes I know it fell from last week etc in response to other bank results etc...so don't fill the board with that drivel). Any reason why this should not rise above 50 next week?.

Persian trader, spot on. And of course the money will have run out before drill date. Preservation of cash, appears the underlying theme in the rns.

What is a HNWI investor

Skelitor, and other inquisitive readers, please submit your questions on these and similar themes for asking at the presentation. Unfortunately, these presentations are often promotional for the company and companies will be looking to lead the agenda and avoid the difficult questions. The more questions submitted on a subject, the more likely they are to be asked by the host.

My 4th question submitted to TGR to address at the presentation is as follows. If more of you could ask q's on similar lines, they may get asked!.
4. Given the vertical integration with TSG has not happened, could you please state how much of TGR shareholders funding has found its way into TSG and the Graphite Research business?. How will this fund transfer be recorded as TGR shareholder funds on the TGR balance sheet, and what are the agreements in place to return that capital to TGR shareholders in the event the integration does not happen at favourable prices to TGR shareholders

Why should they mention that. It's nothing to do with the, that and the research centre is owned by TSG, a privately owned family business. TGR is men and machine digging and filtering sand. That's why I think there is alot of deception with this company. Until TGR buys TSG, there is no vertical integration

If more ask questions on similar lines, they may get asked

1. .Why do you refer to TGR as "fully integrated producer of high grade flake graphite, speciality graphite and graphite, capturing the entire graphite value chain". It isn't. It is men and machines filtering sand, all the exciting stuff belongs to privately owned TSG. Will you amend your communications appropriately.

2. At today's TGR share price, payment for TSG would likely see the Poddar family obtaining 85% of shares in TGR. If this happens, are there plans to take TGR private?
3. TGR is men and machines digging and filtering sand, and selling extracted graphite. Can you please confirm that the prices of extracted graphite being sold into TSG is at full market price, maximising value for TGR Shareholders

Until vertical integration is achieved, TGR only revenue is from the sale of graphite from its mining operations. Can he confirm that the prices for sale of TGR graphite to TSG is at full market price?

I think the key questions have to be around the verticle integrated business statements. Their website states TGR is a ."..fully integrated producer of high grade flake graphite, speciality graphite and graphite, capturing the entire graphite value chain". It isn't. TGR is men and machines digging and filtering sand. The speciality graphite and graphite research centre is owned by TSG, a privately owned company, owned or at least controlled by the Poddars. Is this vertical integration going to happen and how can it happen at such a low TGR share price. Original plan was for Poddars stake in TGR to go from 31% to 51% on amalgamation through share issue. At these prices it's more like 85% share allocation to Poddars in payment for that business. Is the intent to take this private once overwhelming control is obtained?

Good points triple star. Everyone is concentrating on that mass is steel, motors , pumps and hydrolic bits and pieces assembled as the rig. My concern is who is going to operate it. Surely the risk is not in rotating the drill bit and attaching pipe. I'd say it's in the operation, the mixing of mud, evaluating mud returns and responding to subtle vibrations, loads on rotation, speed of depth etc to know what is happening metres below their feet and to preserve the well bore integrity. Surely that requires significant experience, and time on that specific type of rig. I would have thought experience would be key parameter for success. We cannot adopt a learn from experience attitude here. Most effective learning comes from mistakes, which can be expensive. And the biggest the mistake, lead to bigger lessons learned. I hope the one lesson we are not heading for is "we should have entrusted the drilling to an experienced contractor"

First thank you to the 15 or so people who recommended my post on thoughts of what was going on with TGR. Unfortunately the LSE thought police have decided it was too scary to remain on public view, and have deleted it without explanation.