Member Info for Skeletor

There's already 2 rich Poddars - Unfortunately at the expense of all TGR shareholders

100% - Different Auditors have on consecutive years been unable to finish their report by the deadline. The consistent thread in both these times is TGR. This is not an Auditor issue it is an Audit issue and they are 2 different things.

I think it’s a relatively positive update but not at the top end of what I was hoping for. Being only 7% up vs LY (which was a disaster) is fairly unexciting especially after Q1 showed more promise. That said - I am impressed with having more revenue booked this year than we took the whole of last year so any further bookings will add to growth. Shame we didn’t mention bookings at this point ly so we can understand how much gets added in 5 months.

The acknowledgment of being undervalued is positive although an easy unquantifiable comment to make, that said there is a tone to it that helps give some genuineness to their frustration and hopefully the US listing or being open to a buyout at a premium (not said but inferred) gives reason for optimism.

Overall the statement should reassure most who perhaps have seen the recent poor sp as a sign of a potential warning but I don’t think it is bullish enough to push us back to 300p territory

Great news re the CLN paid in cash but had I already missed the fact we are only planning on expanding P1 in H2? I could swear we were aiming to start P2 in H2 this year?

Any director who tells the market they need to raise as opposed to just getting on and raising funds should be no where near a PLC.

How much if that 48% that Shishir got came from Shishir himself? That vote was a horrendous split (like Brexit). Nowhere near large enough for Shishir to have a mandate. 38% off his shareholders don’t want him and only 48% do (remove his vote and will be significantly less) plus some of that 48% were put off by the alternative.

Am I right that some of the requisition group hold the CLN’s so will be calling the administrators in a few weeks anyway?

Should the non Exec chair be appointed by the ceo? Feels like non execs should be appointed independently of the CEO. Otherwise there is potential conflict of interest. Not sure how in reality this would be solved though.

Regardless. This would be a positive step but not sure how we pay him.

I'm not really sure what the relevance of that long winded essay is... Are we saying that 2 of the proposed new directors are also eityer part of or keen followers of the Free TGR Twitter group?? Well wouldn't you expect that to be the case? It's weird that the tone of the OP on this thread is "wow look at what I have uncovered" as if some scandal or conflict of interest when it isn't.... It's like telling someone that you witnessed a man drink some water but telling the story in a style as if one of the greatest conspiracies of modern times has been uncovered...

And they post on LSE? Wow incredible stuff!! (said with sarcasm in case not obvious).... What's that? They regularly post on an unrelated companies BB??? No Way!!? That changes everything!! (again hopefully my sarcasm is coming through).

You are correct.

Even now poor corporate governance ooozes out of TGR as they don’t seem to know how to behave to a requisition. They don’t need to write pages of waffle they just need to provide a date for a EGM.

When will the FCA step in and revoke their LSE listing. Makes a mockery of the code.

Techno - you are acting as if there is any significance to what ME tells you on Monday. You should disregard anything he says and only pay attention to what he does. Lots of people have learnt these painful lessons so hopefully you don’t have to.

No buy backs yesterday?? Come on!! £15m was a pretty low ball return to shareholders so they could at least return that with some gusto!!

Half of me thinks “oh wow, just 25% of target raised, that’s desperate”.

The other half of me thinks “wow, there are individuals out there still willing to invest a combined £25k in MOS - who are these idiots??”

What’s even more sobering Broomtree is we thought at 40p we were undervalued…. And personally I would have been critical of a placing back then - shows what I know!!!

The way this has dropped now it has almost become a self fulfilling prophecy. It would take something very big to break this death march….. which admittedly if it did break then the rewards would be fantastic.

Https://docs.londonstockexchange.com/sites/default/files/documents/guide-corporate-governance-pdf.pdf

I don’t understand why they are not kicked off the Main market given they consistently to not meet the principles of governance. It makes a mockery of the kudus that should come with a main market listing. You should be able to trust that certain fundamentals and checks are in place with that sort of accreditation but clearly not.

Why doesn’t someone senior from BAT minerals join the board or a larger II investor offer a non executive member to oversee governance.

I genuinely think Shishir means well but I’m not sure how far that gets us. I also think in these type of announcements (the corporate update) that funding can’t be that “imminent” or they would wait the few days extra to announce. I don’t think we will turn our computers on on Monday to a red dot with funding sorted.

The only logical reason I can think of delaying the special divi is they would ideally like the cum div sp to be higher so the special divi is less out of whack with the share price. I suspect they know they are close to updating the market with something that might add 5-10p onto the sp and would much prefer to see our ex div price back at the 17s having paid out rather than at the 7s.

Obviously a theory and it does not tie in with waiting until 2025 for significant orders but I suspect (hope!) that this is the case.

If this was “those in the know jumping” then more than 0.8% of the company would have been traded today. Half of which will be buys so actually 0.4% of this mornings ownership has sold. Certainly large shareholders not in the know.

If they were so dissatisfied it sounds like they had enough collective holding to vote down the proposal. 79% votes for so it is the 21% only that may reduce but they have had significant number of weeks and much higher exit prices than now if this is the reason.

Best we can hope for is a distressed seller or 2 causing an irrational sp for an opportune purchase. Or at least that is my hope.

I would hate to see what this share would do on bad news