Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
Liquidation is highly likely here as funds are strictly regulated when having to offset losses.
I still see 20p as the bottom before we see Bank of England support.
High 20s already touched so expect liquidation any day now; One earnings away from this.
Been floating around the 11-12p mark for many weeks now.
Accumulation is underway.
The next move will cause a wave of buyers as funds pile back in on geothermal results.
Better in than out on this oversold ticker.
Come on Mr. CEO give us some positive figures ref Croatia geothermal drill.
"The operation is likely to continue for approximately one month, with results expected by late January 2024, on schedule with the planned work programme."
Hello ?
US Trading houses closed Monday so perfect time to release a positive RNS.
"The Company is also in discussion with a significant international trading house with regard to its participation in the Company's hydrogen storage project."
Interested to know when funds will be available ?
Yep lots of resistance around 90p.
Is this a market signal that the institutions are going short again ?
With the forever wars on-going and middle east conflict this is sure a winner.
Https://www.thinkgeoenergy.com/drilling-set-to-begin-for-slatina-3-geothermal-project-croatia/
Its not about property value, its not about oil extraction not being the cause of earthquakes, its all about NIMBY.
The bloke funding all this doesn't even live close to Horse Hill. Just as bad as that Forest Green Rovers owner on their 4th manager in the space of 12 months. Socialist loons.
....Because of 5 years of challenges against drilling an oilfield near some bushes.
They would have multiple wells running turning into a tidy profit.
But some mental weirdos funded a socialist cult. When we need onshore oil and gas we won't have it.
Gary Martin,
The reason this company has failed is because of Christopher Iles in Surrey who has partly funded a socialist group called "Weald Action Group".
This group have time and time again caused lengthy delays in anything UKOG have wanted to pursue for its UK onshore business (the challenge group fail every time yes). But this has come at a cost to the company. Having to re-finance because of the constant changing landscape and lengthy legal proceedings. So has your market manipulation come at a cost to all. You have ruined it for yourself, everyone else and UK energy security if we go to war.
The Horse Hill challenge has been going on for 5 years now and is an absolute load of bollarks. The people who fund it are doing so not because they care about the environment but because they lost money here and hold a grudge against management (we live in a capitalist system, your pension is oil everything, without it, its worthless). These people have bad mental health and are doing it for all the wrong reasons.
No one listens. The current government is a shambles. At least under lettuce and Trump they had energy security and the world at peace. Under socialists, the world is in meltdown.