Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
Yep incredible strength in this move....tonnes of sells absorbed at 22 and no movement and now back up to resistance point, they're accumulating/filling some v big orders IMO
Wouldn't be surprised to see 30-40s next week
FWIW the £5+ is over the next couple of years...
Fully expecting us to make up big falls in the coming sessions/rest of the year though, considering we reached over £1.40 on the same resource but unverified....
All IMO
should get to around 1.5bn bbls if the 2nd ier comes in...at 5$ per barrel = £6bn
let's say we dilute to 1.2bn to cover all bonds/funding(assuming this is at the 80p-£1+ level)
so £5 as a mid case, without further discoveries
extrapolate 6-10$ and any upper limits/discoveries and its a monster
back of *** packet calcs
all imo
Great interview...
"This report allows us to have high value conversations with people who were waiting on it"
"We remain on track to meet our strategic goal of delivering sustainable market recognition of $5 - $10 per barrel of recoverable resources."
"This is the first IER conducted on our largest asset and will have enormous value in financing discussions and in attracting potential partners. "
"NSAI's evaluation of Kodiak is a transformational milestone on the path to commercialisation. I remind shareholders that this report on Kodiak only covers the Lower Basin Floor Fan, based on three wells and our proprietary 3-D seismic data set. There is clear potential for further growth in these numbers as continuing appraisal provides more granular data."
Back to over £1 please
100 bagger in 5 years, yes please
All IMO
Wow that’s the first time they’ve bought in years and a sizeable amount too….like I said even base case with current shares in issue at 400mbl at $1 per barrel is 40p, 962mbl is around 80p and then upper 2bn at £1.60
They want $5-10 in a couple of years…..and there’s another 500m bls to come…and more areas
Biggest upside in AIM history if this all comes off
Look away snakeoilmanjim
All IMO