Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
There is no connection between profit/loss and cash in bank, so no concerns for me. Another good day here (almost as good as my sunny day cycling in Southwold and Walberswick!) Think I'll celebrate with a beer in the garden....... Enjoy the weekend folks.
Absolutely! But it still makes for great reading! I've said many times that I do not understand why we are so under the radar. There have been days when we are well up the leaders board and it doesn't even raise a comment here. It's a world class resource in a country that is politically stable and wants to exploit it's assets. It's a low Capex, low Opex operation. In spite of being in the Arctic it has good local access, airport etc and it's a hell of a lot closer to the states than China is so has a great advantage on shipping costs
Nice update today. I can't think what is not to like about this company. Quality of ilmenite, quantity of ilmenite, low Capex mining (scoop it off the surface!) Progressive management and we'll funded for the time being (£5.2m) Should be cash generative by next year. Expect to see our resident deramper here today........
A week ago the share tender made no sense, as you could sell on the market for higher, and why sacrifice the 25p divi? Not sure what they are trying to achieve, other than a reduction of shares in issue (and I'm not sure it does that) Today however, almost 50p down, it would have been worth going with the tender and then buying back in, even if you sacrifice the divi. Not my sort of game though - just hold long and strong. Company fundamentals and performance consistently good, though I confess I don't understand the fluctuations in the s.p. To be honest I would have liked to see a straight forward extra dividend payment rather than this tender nonsense.
Good, constructive strengthening of the board with a view to maximising potential here. Titanium dioxide specialist with consultancy experience with Bluejay - would not have joined the board if he didn't think it was going places...... IMHO of course. Still cannot understand why this share is not on people's radar. I don't think even those who are already invested bother to follow progress...... Each to their own!
Disko work program announced. Pushing ahead on all fronts here, seemingly taking advantage of work at Pituffik to make drill definition at Disko more cost effective. Still talking about realising shareholder value - I like that......
At the very least for me it is a no vote for the reelection of Best and Roskos and a no to the allotment of shares. I don't really expect to see any of my 2 grand back, but I would like to see those two removed from office. Don't suppose there is much chance of that either.......