Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
News should be over 20p
Exactly a huge network and by them partnering they must have a plan/strategy
Think about the opportunities the board have access to. This is just the start
Think how much value the 25% buy back would add before next disposals
Remember we passed a resolution for the board to be able buy back 25% of the share capital. We have the funds
We can’t dismiss this. Gas rises above water. They can drill these upper zones and we could have success
We all know that gas sit above water. So if water is encountered, where will gas be?
“If testing proves to be successful the well could be brought into production quickly.”
“is likely to indicate that the reservoir may unusually extend across the top of the structure with the potential of pay at a higher level.”
Exactly gas rises above water. People need to re-read the rns
Gas rises above water so they need to look updip. They have encounter gas shows and they know their is a working hydrocarbon system. If water is present then law of physics say gas will be above
The 4th well is geologically linked to the 1st well do that has been significantly de-risked
This*
Did was issued after the admission doc
The Block Admissions, which enable the Company to handle future smaller warrant exercises in an efficient manner, replace all prior Echo Energy block admissions in place prior to the Company's re-admission to AIM on 4 January 2018 and have been made in respect of the issue of new Ordinary Shares which may be issued pursuant to the exercise of certain existing warrants to subscribe for new Ordinary Shares in the amounts shown below. (i)��������� Warrants to subscribe for new Ordinary Shares at a price of 30p per new Ordinary Share issued by the Company in 2015 (the "May 2015 Warrants"). The grant of the May 2015 Warrants was announced by the Company on 8 May 2015 and formed part of the placing to raise gross proceeds of GBP800k; (ii)������ �Warrants to subscribe for new Ordinary Shares at a price of 18p per new Ordinary Share issued by the Company in 2015 (the "November 2015 Warrants"). The grant of the November 2015 Warrants was announced by the Company on 16 November 2015 and were granted as part of the placing announced therein, representing 5% of the total placing;� (iii)�������� Warrants to subscribe for new Ordinary Shares at a price of 3p per new Ordinary Share issued by the Company in 2016 (the "March 2017 Warrants"). The grant of the March 2017 Warrants was announced by the Company on 6 March 2017 and were granted as part of the institutional investment and Board changes described therein; (iv)�������� Warrants to subscribe for new Ordinary Shares at a price of 15.1875p per new Ordinary Shares issued by the Company in 2017 (the "May 2017 Warrants - Batch 1"). The grant of the May 2017 Warrants - Batch 1 was announced on 15 May 2017 in connection with the issue by the Company of secured loan notes described therein; and� (v)��������� Warrants to subscribe for new Ordinary Shares at a price of 15.1875p per new Ordinary Shares issued by the Company in 2017 (the "May 2017 Warrants - Batch 2"). The grant of the May 2017 Warrants - Batch 2 was announced by the Company on 19 May 2017 in connection with a ��10m placing. together the "Warrants".
Did you see the blocklisting rns
28th Feb, block listing of 80m warrants
I thought they had a block listing