Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
After last years Western Gas/Sasanof fail I'd just be happy to get my investment back, let alone make any profit.
There is more to come on this project, we are awaiting the next course of action. However Clon maybe asked to cough up more funds to participate?
Mr T
Snoop
If we all knew this then we woukd all be stinking rich!!!!
The best you can do is read the recent updates, and read the room.
News will come, fingers crossed its good, but as with all AIM investments it could be either. AIM is more akin to a casino, I you want stability put your money in a fixed rate bond, now paying over 4%!!! or try a ftse 100 investment, dont expect to make any life changing amounts there though but you may get a small dividend!!
Mr T
Cardo,
I fully concur!
Let us hope so indeed, I expect to know much sooner than a "lifetime" I can tell you, but I also know these things take time. The thing is here, the sp is now nearly at an all time low valuing us at diddlysquat!!! so any strong news flow and this will go only one way?
Mr T
Cardo,
Look, September 2022 to now, isn't that long in reality once you take out the Christmas period is it!!! the stumbling point is "finance" Yes I agree we should have had an RNS regarding the one licence renewal, yes we are awaiting the second licence renewal, I agree all these points and also agree we should have had an update by now! The good news is that the CU price is on the up!!
The point is however, are you going to sell up based on "no news" and then hopefully find an investment that will make you a millionaire overnight as Smiler suggests? I think not! you're
If your patience is out and you believe the above then get out and move on?
Rose tinted or not, my spectacles will remain here until I hear that Hope is a Dud, Mankayan is a Dud, Botswana is a Dud, Eureka is worthless etc etc.
There are plenty of projects here that can change the direction of travel, patience and luck is involved and I have always said I will stay put until that one project is off the ground.
I also agree Colin can tell you what he wants you to hear!! we are all aware of that, but, that's the case with many a CEO, its trust at the end of the day, if you do not trust him, then again, sell up and leave.
Mr T
Colin Bird, Executive Chairman of Bezant commented "The completion of the Scoping Study and submission of the Mining Licence application for the Hope-Gorob project represents a significant project milestone. The Study indicates the potential for the development of a surface and underground copper mine at the Hope and Gorob deposits. The Company will continue refining and finessing all the engineering required to bring the project forward towards production.
The latest drill assay results from this programme are very encouraging and in advance of our expectations. The implication is that clearly the near-surface area potentially contains enough mineralisation over good widths sufficient to support open pit mining, providing an opportunity to accelerate development of our mining plans. It should be noted that these results can be expanded beyond the immediate vicinity of the recent drilling and towards other areas where there has been no historic drilling or any systematic exploration. We are very excited at the potential offered by these results to add to the Project's copper and gold base resource and further effort will be directed towards significant growth of Hope and Gorob and nearby targets."
This from the last update in August 2022.
We know the one mining licence application has been approved although no official RNS has been issued on this, this is something Colin will be pressed on in the coming day's.
Colin insists all the way through that mining will commence in 2023!!! so we must give him the opportunity to either prove that is the case or tell us and the market why it will not be the case? Until then we must assume it is still the target.
Don't forget also we should have an update on our Maganese project, this is also overdue now!
I know a lot of negativity has been posted here since December, but we are only 12 days into 2023 so its not as if it's March and we have heard diddly!!! is it?
Mr T
Smiler,
A very interesting rule is that, are you sure about it !!!
I would do some checking if I were you.
No money banked!
Yes, your point is?
I would post that comment on your other investments as it is applicable, to those also.
If we were to leave, where should we go, give us your thoughts on where we can all instantly get a 100% uplift on our hard earned. Make sure to tell us you have invested heavily in this blue sky share, demonstrating your investment.
Good luck.
Mr T
Oliver
add 450k to that which was drawn in July 2022 as part of the 700k loan drawdown, so cash is not an issue!
The shares for fees is an ongoing arrangement.
I see the natives are restless, news required, any news!
Mr T
Smiler
You need to read properly, point out to me where I said this is the only place to be!!
You have taken my response completely out of context and run with it just like a reporter from the Sun!!!
My point was and is I've heard all that bull before about so called investments just waiting for you or I to invest into!!! They do not exist!!!
There are many speculative stocks on AIM, very few are just waiting for us to get our hard earned in!!!! All require a good deal of work and looking into, then you will get it wrong 9 times out of 10!!!
Good luck though!
Mr T
DVH,
Fair points whith which I have much sympathy.
However the notion that "other opportunities" exist out there and our money could be put to better use is to my mind "pie in the sky". If there were, everyone and his dog would be sniffing around them and we would all be millionaires!! this is a myth that is peddled consistently on these boards, not just on this one!!
Mr T
Cardo
Most of those are dormant companies!!!
They do Jack
Around 4/5 are the ones he is focused on, but when pressed over 12 months ago which of these he would put 10 grand on as a bet!!! He nominated us!!!!
I agree though we need an update here.
Mr T
Cardo,
I understand and accept your points.
However, it is not a case of "get round to it , but just not yet", any news has to be released once known, it cannot be held back at the whim of the BOD!!!
News here is well overdue and an update is required, as I say probably nothing has changed, the mining licence is still ongoing with the consent awaited for, finance is also ongoing, but it would be nice to hear something?
Mr T
Pricey
Fully agree with your sentiment, it has been far too long with no news.
Now in Q4 2023 and we were told we would be mining at Hope in the first half of 2023!!! Really!
I think CB needs to be challenged fully on just what is going on, I know nothing will have changed as no RNS has been forthcoming however it would be good to hear it from the hosses so to speak!!!
There was a small uplift today, .010 being paid for tiny amounts!!!
Come on bzt!!!
I now gave a pint on this with Smiler, so need some action , Colin!!!
Mr T
dvh,
There was a call scheduled with CB early December, this was however put on hold until there was something new to say!!
Mining licence approval being the most important update required, then what is going on with finance arrangements!!
As we heard from Pricey one lience was approved before Christmas, but there is the one outstanding and until this is approved then bzt cant proceed?
Yes news from our other projects would be helpful also?
Mr T
Hi IK,
Yes Smiler is still here and he will be owing me a pint or two smetime this year.
Neither running out of cash nor sold off anything here, still on target with Hope Gorob for open pit mining in 2023, watch this space??
Mr T
Smiler,
I have changed my mind about you Sir!! a pint or two it is then, to make it a little fairer, I bet a pint (or Two) that BZT reaches 1p before UFO reaches 5p, (I think 10p is out of the question, but if you want 10p then so be it) time frame up to you, 12 months??
Very good thank you, although quieter now, before the next celebrations, I don't like NY though so downbeat for me??
Mr t