Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
Watched the video. Hope to heavens it's not another Savannah where, in reality, we're actually years away from earnings. It's SL where the lethargic license squatter risk looms large, and I think we've seen some SL suspicion about CMET previously when they took their licenses away. Of course, it was corruption but when you dont progress you leave yourselves open to such flank moves. Also, these are after all standard construction minerals that are not in short supply and I think as such they're struggling to excite commitment to the big risks like jv/build etc... The port lease and port quality could be a risk too and, like a previous poster said, we're half way through the leases now and years away from earnings. I'm an LTH and staying put with a modest holding but I'm not expecting fireworks anytime soon from this BOD, especially GM who, on this showing came across as a bit dopey in my view. I've had high hopes for my holding here but I don't like companies that over promise and under achieve. Hoping for more positive news but in the absence of, its a 3 to 5 year hold for me now. Bottom drawer with Savannah.
Excellent suggestion, Trek. Will do and thanks again for the posts.
Thanks Trek, I for one found this very insightful and helpful. Nowhere near your league in technicals. I was wondering if we could be on an elliot corrective wave 2. Probably wrong and embarrassing myself but not to take away from your superb post, which I'm sure many other investors will appreciate too.
To me, problem is they over promise and under achieve. The video last October, just after they'd got the licenses back, talked about production one year following LB jv. Forget that. Even though these minerals are easy access, they're in SL and they're just common construction minerals, plus that port and shipping stuff all looks a bit risky too, eg have they even sorted out the port agreement to lease even. Not instilling me with confidence and sp speaking volumes and that's the bottom line.
Another troll. Filtered.
More empty green boxes coming through not to be read. Excellent time saver. GLALTHs.
Looking forward to June then Q3. A nice rise or two this week but until volumes increase feels to me this sideways drift will, frustratingly, continue. Roll on next 3 to 4 weeks.
Excellent. Enjoyed reading the constructive and objective posts today. Been an efficient process too as haven't had to wade through all that troll rubbish. Life's too short to read them let alone dignify their garbage with a response. Looking forward to my next topup next week. GLALTHs.
totally agree legin and legal wolf.
i've two hex trolls filtered now. i'm happy to read a constructive counter case although these stalker troll ****spouts who post ****e umpteen times a day just show up green and empty, just like them, which suits me fine. life's too short to engage with them. glalths.
Typo, sorry. Prepared for pullbacks. Autocorrect working overtime, although appropriate with euros coming up.
Good point Superroty.
Into June soon. I've been hopeful that May would see us to 30p, but then you always have that sell in May stuff and lower volumes too. Looking ahead to June, normally a better month on the markets and a big step closer to Q3, it could well see us at that level if not higher. All based on excellent fundamentals. Very excited by this company although prepared for fullbacks and patience. GLALTHs.
SS you've posted on wrong board you idiot. HE1s the one needing lots of cash. Good luck.
load up that short ****enight, if you have the *******s or ovaries to take one out. keep that ****finger hovering over the buyback button.
Am an LTH but wondering if yesterday was a bull trap. No difference to me as in for long haul and will top up on a fall, but hoping for a rise too.
Just watched the video. Encouraging snippet. Large scale supply intentions to make a dent in US market and also looking at potential helium finds across the US particularly in mid western states, additional to the Sakatchewan/Wyoming fairway. Seemed to be saying HEX will be much bigger than a one or two well operation. Have some more funds coming in next week and will topup again. For me HEX has already been a good swing and with any other company I would have at least top sliced by now, but with this beaut I'm holding and golding into earnings and some. My biggest, by far, long term hold. GLALTHs.
'no advice, just guesses'? no **** sherlock!
Not you again whoknowsnowt. Where would we be without your advice. You'd be much better utilised on he1 board.
Looking at Midwest states too. That's also very interesting.
Echo that Jugmana. Am in for long haul. Like the look of that broker note and 131p derisked.
Agree carrot and I'm a very hopeful if.not expectant holder though please keep in mind if this fails all they have to do is have another raise and change their name again and off they go. Bce is taking relatively small risk here compared to say a PI whose put say 25% of his or her portfolio in. I would have preferred to see bank debt for the current operation should they be as close as they believe they are to increased earnings which shouldn't have been a problem, but this would have required more responsibility on the BOD of course. If they fail we lose, not the BOD.