Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
One of my personal fears also Shgr, as you can be damned sure they wouldn't be paying anywhere close to the previous ATH?!?
All out of our hands though so all we can do is sit back and watch.
We'll either get shafted (and robbed of the full potential returns on our investment) or we won't.
Only time will tell!
''We need a regulatory authority with some authority''.
Yeah good luck with that, and that feckless tw8t that used to be in charge at the FCA now heads up the Bank Of England!!!!
(He was a disaster at the FCA so which bright spark thought it was a good idea to appoint him head of the BOE is beyond me!?!?)
''a buy out at the dizzy heights of 11p just isnt what we all thought the future would look like''
Agreed. I for one didn't take all of the early risk helping prop up this company for the last 9+ years for 11p a share!!!! π
''the share price has been decimated to the incompetence of a leak to the market''
Incompetence - No, intentional - Yes (AIMO)
Question is by who? π€
Just a thought, but Newmont already have a good idea of what's at Ernest Giles.
They spent 6 months there prior to saying 'not at this time' and tying us into an NDA (why would they do that!?!) and we LTHs all know how that went sp wise! π
What if they still want us ''on the cheap''?
What lengths would they go to (this is 'big business' after all)?
All 100% out of our control, but I for one am still worried we're going to get f cuked!! π
not going anywhere lazarus2 as it's always been a '**** or bust' play for me for quite a few years now.
if we do get f cked over (if) then i'll have a fair few years of financially bleak retirement to ponder over what my life (and my family's) could have been like had i sold up in december 2019 (as my brother begged me to do at the time!)
still i can always 'consol' myself that people like me were never meant to be allowed financial success and that i was a fool to ever believe that i could achieve a better level of financial security for myself and my loved ones through playing in the corrupt cesspit that is aim 'investing'! π
only time will tell and it's 100% out of our hands (whatever transpires)! π€π€¨
''FFS get a grip - you cannot undiscover gold (or copper) the value of which is tangible and within reach''.
But you CAN be robbed of it by ruthless 'Corporate Entities'!!
''That tells you all you need to know, he wants us out, period. These PI's are the UK investors that took all the early risk, remove us and give to the Aus corporates''.
Starting to think you might be correct unfortunately! π€ππ’
''how do we know that SD has this covered in a watertight agreement and that Newmont lawyers dont see a loophole that could be exploited to GGP disadvantage''
Bearing in mind it was GH who was responsible for the original JV with NCM was it not, that concerns me greatly also!? π
''Should our joint venture partner decide not to sell or mine, Greatland have the option to purchase the 70% of Havieron at fair market value''.
Yes but that was whilst our JV partner was Newcrest!
I thought I read somewhere posted on here that this option is not transferable and does not apply once Newmont own Newcrest?
(If true, I'd say that's bit of a worry!?!)
@loftmonkey57
Well NCM certainly f cuked us once, the question is will they get the chance to do it again?? π€
''But what if Newmont decide to drop us like a brick....we will need to find another JV partner...what will that do to the share price !!!'
That's easy to answer regarding the sp!
Just take a look at what happened when they walked away from Ernest Giles citing ''not at this time''.
''Carnage'', that's what happened!!! π
agree with you 100% tig!
still can't seem to shake a gut feeling though that we as pis are going to eventually get shafted in favour of sd's ''much loved'' iis (or even the likes of wyloo)
we lth's 'backed the right horse' in the early days and helped to prop up the company and so should now receive our 'fair and just rewards' in due course!! will we, still remains to be seen!?
been 9 years invested come july and still holding 2,004,528 shares in total in both an isa (and my pension, which are currently underwater) and will remaining so until the end (whenever that may be?)
(just hoping currently that i don't live to regret december 2019 by not taking at least some off of the table or selling up completely as the current sp is a ******* joke! π€π)
Thanks Lazarus2 and I hope you're correct.
Not enamoured by the thought of further dilution at such a low price nor the consolidation that may very well accompany it!
(I've always had a niggling worry also that SD might do what Chris Fraser did at SXX and sell us out for a cushy new position at NCM (or Wyloo) ''on the cheap'' when compared with what we've got.
Been invested 9 years in July and just hoping I don't live to regret not having bailed in Dec 2019!)
GL.
@ carter19
Strange how your (highly accurate) comments about Joe Biden & Hunter have disappeared.
For those screaming ''conspiracy theory''.
What's the difference between a conspiracy theory and the truth?
Usually around 8 to 12 months!!
Biden is a cognitive mess and in any case is only a puppet allowing Obama to deliver his 'third time' (Obama virtually admitted as much when he joked that he would be willing to sit 'in my basement' and 'deliver the lines' to a 'frontman or frontwoman' with an earpiece!)
Anyway, back to Sareum which I really do hope will come good (as in ''Buy-out'' for a substantial amount in the billions) as my other substantial holding is GGP and I'm starting to worry that we're going to get royally shafted on that one in the not too distant future with all of the sp manipulation over the last few years!! :-(
I'm in West Sussex also (North of Worthing) and WSCC are an absolute joke!!
A greater bunch of feckless lazy incompetent barstewards I have yet to come across (and don't get me started on our local MP!!??!)
Says 'tweet deleted'?!
I listened as you suggested and It certainly does appear to be as you suggested napthman1!!
Manipulation at it's finest!! :-(
''Gervaise Heddel knew the scores on the doors when he up sticks sold all his shares priced in the mid 30's and skidaddled''.
Certainly starting to wish I'd followed him to be fair after a day like today!!!! ππ‘π‘
''From todays rantings, mine included, anyone would think that we have been robbed of 30% of 10 million ounces of gold at $2000 per ounce with an ASIC of less than $1000''.
Not yet we haven't (but there's still time!?) :-(
''Early investors will remember β not at this timeβ
Unfortunately Mickey I do!!
(Let's just hope that history doesn't repeat itself!!??)