Member Info for Mineralholder

This should do well imo

Could be a major move here having looked at the news. Still under the radar.

Interesting

Integrity is key. Was hoping for good things from this, they may still arrive but ouch it’s a knock.

Not sure BMN has a way out here.

Games played but hoping for a rally to bounce from here for a good trade. In and out on this one.

Perplexed by this resignation and very worried what it means given the timing! Now back to a non-independent board without balance, without finance, and seem to have lost an important supporter (unless something is stated otherwise?). The RNS didn’t really explain much.

What does this loss mean for the company? Would be good to know what happened in the run up to this for him to feel the need to resign. Why would any other person join now?

Very shaken about this investment’s prospects now.

Thought this one would have more steam in its sails

There’s certainly a risk here. I like DRealJohnJohno’s post.

All this takes is for the right group to take a look and invest imo.

I noted NextSource again diluted its shareholder base. Constant dilution and share price decline over there one way or the other (though no risk of folding). The difference I see here is at least with a fundraise surely the company would be on its way to profitability. They look to have everything needed pretty much on the ground, with VAT refunds looking as though they’ve restarted, seemingly solid markets in place already and other graphite producers still a way behind, I also share a reason to be optimistic.

Financing is the key.

I would agree on the whole. Having digested the RNS, this appears to be a brilliant opportunity for an investor looking to provide finance.

The share price is so low that one could probably build a significant stake without much investment. Conversely, it’s unlikely to require a big investment to right this ship and make it profitable given what they can do with such little money at the current strained capacity and the decent money the operation can probably generate at the level mentioned is targeted in the RNS - while continuing to operate is an achievement, I’d caveat this by saying it’s not how a public company should operate nor be given praise because of it simply surviving - while it’s great they have done so, the market does not reward a company with a better share price for merely surviving. A public company needs to interact with the financing market and take into account the market dynamics attributed to it. To be blunt, beggars can’t be choosers - that’s if there’s really something out there!

Hoping whatever funding discussions may exist come to fruition and end up a win-win for all - shouldn’t be hard given the above and the clear potential here if there’s someone with a decent investment pot out there. Still a huge opportunity for the right investor imo. If/How quickly will something happen though who knows. Good luck all.

PS VAT refunds is very good to see, a lesson in patience. Kudos for that inevitable relationship building with government. Was probably no way *anyone* could have sped this up.

Finally. Interesting.

Hmmm

Glad to see what looks like a reasonable strategy in place to stabilise the business and bring costs in line, higher value 96% production & sales will be a boost. They need to continue to sort out the corporate side, this is a good update and encouraging to see Vatomina in a good position, but overall feels somewhat unsustainable for the medium term. Let’s see I suppose.

Would like to see the board attract finance and additional governance figures (NEDs) in whichever order, fair play to their conviction in driving this forward after a hell of a year or two.

Indeed. It looks as though the company has gone through formal steps enough to garner institutional interest and support of some high quality advisers.

My hope now is that the company comes through and value is delivered, a strategic anything sounds very good, there’s been a fair bit of partnerships going on in the critical mineral space recently. Seems a lot of people know there’s great value to be had here but can it be realised is what matters. I’m on the side hoping it can be and glad to see the company is possibly gaining some traction. At least we know there is action!

Really have they? Seems to me like they specifically have said that’s not the case.

Anyway interesting RNS made me pop back in here. GLA.

The need for energy storage only going one way and that way is up. IES well positioned.

Oldfortyniner, shall we just disregard the very significant market heavyweight set to join the board, appointment of who was announced this week, as the company’s first non-executive (and genuinely) independent chairman and his appointment post GM if the resolutions are all defeated. Let’s not forget his comment from the RNS:

Michael Lynch-Bell, incoming Non-Executive Chairman, commented:

"I am extremely excited at the opportunity to be joining the Board of Tirupati Graphite. The Company's underlying investment case is strong. Long-term growing demand for critical commodities such as graphite, which support the clean energy transition, is unquestionable. The Company's opportunity to be a leading supplier outside China and thus provide a geopolitically secure supply of graphite to a global customer base gives it and its shareholders a unique opportunity. Whilst the Company faces a challenging market for financing, I am confident it will successfully manage this and other challenges with the appropriate governance framework in place. I will not hesitate in providing to the Company all insight, access to my network and connections for the executive team to achieve the company's objectives."

Not that impressed by the FTG group. Basically they want to do their own outsourcing to new advisors all over the shop with learning curves of a year+ (extremely expensive and inefficient model) rather than run the company themselves (which they acknowledge they lack the experience to do) it appears. The additional stuff all seems like a golden carrot that is actually very infeasible for a very long period of time but would involve a lot of uncomfortable dilution along the way. If anything this episode has taught me is to be wary of those who promise the moon and that’s what FTG have done. It’s a plan on paper designed to persuade us all to vote for them, but nothing more is my conclusion.

Anyway my vote was cast a while ago so can’t change it not that I would. Still voting against all resolutions.

Serious investment and capacity up scale very good

Anyone who reads that article can see that this is a product that TGR doesn’t even produce but a lack of understanding seems to be a problem for the op, deliberately misleading as is the FTG group. Have a good weekend all, vote agains the resolutions! Btw have a look at Volt’s results and the hugely dilutive placings and share price the past few years.