Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
Can really see us being able to realise any value from Turkey at this stage with what is going on there - except at VERY distressed levels.
Lets hope we get a nice RNS this week.
On first reading here as the key things I see:
1. Never before seen that we could be providing between 15-20% of the global antimony market
2. I like end 2020 estimated we have a positive cash balance of over £7m (certainly a cash cow!)
3. 2020 estimated eps 11.4p
4. Unrisked value 85p - ie when up and running
5. 114p/share with 5% DCF discount rate
According to the first page of the report H1 figures due in Sept - lets hope we then get the full update we are all expecting.
Apologies I was on the road amd not caught up.
Seen an update that this is out...trying to track it down.
Krispy all looks good.
If I remember correctly from the AGM there could be an opportunity to rev things up and even exceed the 20,000 tonnes per annum - I am sure over the next 12 months the knobs in the control room will get tweaked to maximise our returns....
Good morning all. Would be great to hear some news from sunny Oman. Every day we get closer though
Still reckon 20th is the date for news ;-)
Lets hope this week is the week we get an update.
GLA
Definitely seems people are getting on board in anticipation - all looking good. RNS next please BOD.
GLA
Would not be surprised if Jim and Ross look to buy some more.
Lets hope the permits come through shortly. If and when they do what SP movement would you like to see? I agree @Seingred not seen much loading up recently, the trouble is it has been a long time to get to this point. I suppose it also depends if we can demonstrate we have a gold district on our hands - GLA.
It's the 5th August...
- Steven has had his feet under his desk for a week
- temperatures back to normal
Could we be roasting yet
Reckon SPMP will be building the next roaster (probably gold only) on the spare land next to our current roaster. My guess is SPMP would break ground in 2020/21.
TSTR will have 40% of any additional roasters.
Can be financed out of cashflow.
Cant's fault the numbers.
We will need to get to full production during 2019 and then to see dividends from SPMP to TSTR and from TSTR to shareholders before we can get anywhere near our true SP valuation.
It is a nice feeling to be in August and a day closer to the news we are all waiting for.
Also good to see temperatures in Oman are back to the normal mid 30s.
I am not really sure why everyone is getting their "knickers in a twist" about having Finncap on-board.
I am assuming we have out grown SPAngel and by getting Finncap, who are without doubt a larger operation, on board we have access to their clients - which could be great timing as the Roaster comes on stream - to give the SP a push....
I am assuming they will publish an investment note about the company - would make interesting reading.
Good morning everyone. Well this week sees the start of August and this means SPMP's new CEO starts and the roaster should start producing - subject to it cooling down a little. August will be an interesting week. Good luck all LTH
Wow just read this on the BBC: In Oman, the coolest overnight temperature was recorded at 42.6 C - which may well have been the highest low ever
Call me negative - 20th August.