Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
The significant news that was issued by WOODSIDE is starting to get noticed as it makes Sunda / Baron the next cab off the rank ,this should be a very good week for us :-)
Very timely news for us here :-) i think i can safely say we are about to get much more attention from the market,and as we are literally very few trading days away from that newsflow at Timor we should see some value start to return to the SP.
I think our new CEO has played a blinder so far,and has just given us notice via RNS that June into early July is going to be happy period of newsflow for us.We will shortly be SUNDA with a key FUNDER :-) An exciting few weeks ahead!
Wakey wakey guys, this Woodside news should put a fair few more eyes on us ,there is certainly an appetite in that part of the world for these large projects and funding partners seem very keen :-)
We are now into June which should give plenty of newsflow ,i said previously i think potential deals have already been put on the table for some time now and the fine details and "legals" are being finalised. Our CEO has given enough hints about this a few times now and the official sign off and RNS may not be that far away now.
We will soon be SUNDA and have a FUNDER :-)
Need to remember this is not a wildcat drill,they are doing a re-appraisal of a very large gas discovery drilled many years ago,but also have many many years of knowledge and research inherited with the asset that has been obtained subsequently.They will surely be entering some very sweet zones in terms of gas and be able to be more precise on the levels of production possible,a gas discovery of this size in that region of the world is highly valuable and is increasing all the time with the bullish gas spot prices in the region.
There will shortly be many eyes on this IMVHO as the news-flow rolls in .
Don,t forget folks that next week we are into June,and that means the month when the newsflow is likely to come thick and fast .Personally i do not think there is a better opportunity at the moment in Junior Oil and Gas and i am of firm belief that Baron / Sunda is now in the right place at the right time to reap the riches of this blue chip asset.
It also worth keeping in mind the great amount of work that has already been done on this huge gas discovery,and the strategic importance to the region,it is very likely they will be teaming up with some very big names to fully exploit the knowledge base. I predict we will start to see some vastly increased interest here next week as the countdown to that key RNS looms. The CEO and board are holding some very nice cards at the moment,we are funded,talking with some key potential partners,and are enjoying a good relationship with the national govt and energy agency.
The excitement will build shortly IMVHO
ED, i will have stuff to say about the other company soon but not on here , i have a focus on Baron / Sunda at moment and how close we are to some seriously exciting newsflow.In my opinion the JV is in the bag already and what we have seen recently is the CEO putting certain things in place before the official RNS.
We could be starting that breakout very soon now IMO
In my humble yet careful opinion i think the CEO has had the green light on the JV for a while now,but he has been carefully putting things in place before the official RNS release.The latest being the name change of course,but if you take a glance back at news items since he was appointed it is clear AB has been doing the needed legwork beforehand.
Many many eyes will soon be on this IMVHO
PD101, i think the CEO has dropped enough hints that we are very close to announcing the JV partner and funding deals,i would not want to be on sidelines when that happens.Many folks will be building positions here now IMO
Some nice buying this afternoon,it could have a decent end to the week ,cannot be certain but some of these trades could be further director buys or part of ongoing.
We are getting set for some nice newsflow.
Yes i have to agree with most of that sentiment - i think our CEO has given as many hints as he can that some truly remarkable developments are literally just round the corner.The difference a pro-active CEO can make to an oil and gas junior is incredible,when you add in his connections with key industry players we have a recipe for some truly exciting times.Does he have the JV in the bag ???? it would not suprise me at all.
Quite soon he will unleash the kraken im sure of it .
have to say he comes over very confident in that interview and i get the sense he knows that some of the parties he has been speaking to are very keen to get things moving.the high gas prices of course will focus the minds and will be the reason this will go through quickly imo
another director buy or series of director buys in the 0.07p to 0.075p ranges today will be something to warm the ****les to say least.
Meadow and eddie,so you guys do not like directors buying shares ? if another director buys today at 0.07p to 0.075p i presume you will be fuming ?? The truth is that this company after long heartache is now under new stewardship and fully focused on Timor which is a blue chip asset worth many many multiples of the current SP.
We are now entering a growth cycle on the shares.
Range rover, yes and like i said if we see further director buys at 0.07p to 0.075p levels today it will put many many eyes on this .I sense a measure of excitement among the directors here now.
Bargainseek, a very nice read :-) this is now the most exciting period in the company history and i believe the CEO here will now deliver.
Many folks will be building large positions in this now IMVHO
Only on here would certain posters suggest that director buys were a negative,the truth is there are no concrete rules around directors buying shares and even fewer on selling.Personally i think when a director buys or even non exec it should be viewed as a nod in right direction.It is clear that this purchase was the main reason this did not do a 20% lift today ,however tomorrow is another day :-)
I see todays news and director buy as perhaps the real starting gun here on the countdown to the big RNS,and as has been said before when its ready its ready ,regardless of proximity to AGM or any other factors.When things need to get done they get done at the time and in my opinion that time is very near now.I say well done to the CEO !
The news today is really positive and shows our new CEO has intentions of making this company into a real prospect at last,i also see the name change as a very good move.Reading between the lines i think he is hinting that he has more than one firm potential JV partner and funder in the bag.As to if they would wait till the name-change to announce deals i do not think that would be a problem,because the legals and paperwork would be done in the new company name anyway.So if that is the case the RNS on JV and funding deals could land anytime between now and the AGM,one thing we can be sure of at this stage is that the "wheels are in motion" at last on the blue chip asset that for so long has been waiting to go.There will be many on sidelines looking at the news today seeing this as a great time to build a postion IMVHO
Exciting times are upon us :-)