Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
It's today's date
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January 26, 2024
Mining & Energy
Tamboran ‘excited’ by Beetaloo progress
The latest drilling results from its Beetaloo development look set to boost Tamboran’s hopes of becoming a major gas supplier to Australia’s east coast.
By Colin Packham
https://www.theaustralian.com.au/business/mining-energy
Tamboran Resources excited by imminent drilling results at ...
The Australian
https://www.theaustralian.com.au › ... › "News Story"
4 hours ago — The Northern Territory last year gave the green light to fracking in the Beetaloo. The move has been heralded by supporters as potentially lucrative through ...
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I got it from the above after a Google search. You can see it says 4 hours ago so I assumed it's today's date. Maybe I'm wrong
'The latest drilling results from its Beetaloo development look set to boost Tamboran’s hopes of becoming a major gas supplier to Australia’s east coast.'
https://www.theaustralian.com.au/subscribe/news/1/?sourceCode=TAWEB_WRE170_a_GGL&dest=https%3A%2F%2Fwww.theaustralian.com.au%2Fbusiness%2Fmining-energy%2Ftamboran-excited-by-imminent-drilling-results-as-beetaloo-development-accelerates%2Fnews-story%2F12350c2d7dc17d250a8c3e9442076470&memtype=anonymous&mode=premium&v21=GROUPA-Segment-2-NOSCORE&V21spcbehaviour=append
Price has popped
“Supercruise has flopped because GM hasn’t been willing to admit or step up to the needs for modernized processing power in the car”
GM is waiting for Qualcomm to start producing the 4nm Ride platform chip very soon. I DOUBT GM will not try to develop Ultra-Cruise. I think they are just waiting to have the chips in mass production to install it in a bunch of cars coming this year including the upgraded Escalade 2025 ICE and Escalade IQ to then later (maybe 1-2 years from now) release the first versions of UltraCruise. I assume GM knows it is a matter a life or death for them if they DON’T develop their own “FSD”. What they did with Super Cruise works better than other similar software from the competition, so why would they stop there?
I tried to obtain some info from Qualcomm after/during CES a few days ago but I couldn’t find a date for the mass production of the 4nm Ride chip that they announced at last year’s CES (Last year they said mass production was scheduled to start at the beginning of 2024, now they just said 2024 without specific date).
I think Tesla’s lates Hardware 4 chip is made using 7nm or maybe 10nm (I have not been able to find this info), so Qualcomm’s chip will have MORE processing power than Tesla HW4 I think, and will consume less power and require less cooling. Having that kind of hardware available will be the best moment to push for UltraCruise and I think they will at least try it, or better they are already developing it and testing it with the sample chips that Qualcomm is already producing.'
https://gmauthority.com/blog/2024/01/gm-may-be-canceling-ultra-cruise/
Https://www.theverge.com/2024/1/22/24046928/gm-ultra-cruise-merge-super-cruise-adas
Huge volume no doubt driven by Times tip but the question is, which came first? The volume or the tip? Was the tip designed to allow someone to exit ie the end of the seller or allow someone to accumulate?
The market as indeed I am is and are eagerly awaiting this restructuring proposal. Only then assuming it's equity accretive will you see capital flowing into the stock in an appreciable way...
Mgt can turn this company around, and I believe will
No position at present as waiting for update