Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
IMO, it is basically a 'hurry-up' to the other interested parties (the bidding war). The BOD want it done before the end of the year.
Next stage from DD done is the sale contract (we already did our DD on the potential buyer). Can happen any day now. The potential buyer has seen everything (likely including JORC, which I believe has already been concluded).
Will top up tomorrow if it is still below 26p as expecting a pay-day. I am of the firm belief that this will be done this month.
GLA.
Classic tree-shake, IMO.
The weak gift their shares to the MM's and they likely give them to their mates' in the City (to fill large pre-orders but at a certain low price) plus I would expect them to hold a few themselves to sell for a higher amount.
It has been said before and will be said again - the SP is irrelevant if you are holding for the end-game.
Unless one is trading the stock.
'The money is not made in the buying or selling but in the waiting.' Charlie Munger
GLA.
Managed 2,369 @ 20.6 earlier after turning the house upside down :)
If they want 1.5m shares, that means they are filling an order for one of their big boy mates or the MM's are accumulating in anticipation so they can sell them higher.
Will continue to add to my now 409k holding when I can - thank you for the bargain basement prices, MM's.
Fair enough, Gecko, but one can always beg, borrow or steal.
Joking aside - I've been holding 16 months now and, funnily enough, since the FSP ended I haven't given much heed to the daily SP as it is being manipulated both ways. For me, it is how many shares one holds when the palladium cannon goes off - and, IMO, it will go off in a big way.
GLA.
GLG - SP is irrelevant if one is holding for the end-game, as we all know. If it is dragged down into the teens, there will be a buying spree and I will certainly be looking to topping-up.
All is good. Patience is key.
Have a nice evening.
IMO, as has been mentioned previously, we won't be releasing JORC details until we own the licences.
These are what the BOD are waiting for and that JORC has already been completed (we know the exact amount needed to raise for the extra resources).
Have a good weekend, shipmates'.
Hope you and the family are well, Admiral.
Please could you put me down for Friday 5th November for massive fireworks and for the non-invested to be thrown onto the metaphorical bonfire. This, IMO, will be a RNS to include the recommendation from the BOD regarding an asset sale and Kola JV royalties from a consortium, concurrently.
Like Saxon mentioned earlier, I believe, I hope to make a substantial top-up w/c 1st November but if news comes before then I will be very happy.
Thank you and enjoy the rest of the afternoon.
GLA.
Exactly, R&H - always refer back to the RNS news and ignore the noise sprouted on here by certain posters (that are green-binned for me).
Have a lovely evening, shipmates'.