I’ve just watched the presentation again and what comes across to me aside from the obvious passion is the recognition from Shishir regarding the absolute necessity of appointing independent NED’s and a London based CFO. Particularly striking for me was when he said he’d designed the financial models for DFI’s and that “As a Chairman of the company I really shouldn’t be doing that!” My own opinion is that they know they are fighting for their lives here..AND I believe that if they win the vote then greater delegation and independent oversight will happen. It’s not guaranteed for sure but when I look at what they have achieved with such limited resources, then I’m truly of the opinion that getting solidly behind the BOD by voting against the resolutions will ultimately bring value and drive success for all shareholders.
Shishir, Puruvi and Alastair was nervous certainly but when I look at what they have achieved to build the projects up to now, well..Quite honestly I don’t think anyone in the world could have done as much,as fast, and at a lower cost. This expertise is why I’m voting squarely against the new group.
The reasons why? Corporate suits who like fat fees whilst never getting their hands dirty and have zero experience of mining will never be a success. Mining is highly specialised and yes, it’s a rough and ready business. It’s from the earth, it’s down and dirty, it’s from the land. No polished London suits from the new group would have a clue to achieve any future for the company whatsoever.
i’ve been silent up to now but i feel that i now absolutely must say that racism and sexism has become totally toxic on this board. this hatefull ****** and sexist treatment of the poddars has reached a level that is not acceptable in anyone’s book or language. it’s unprecedented and way over the line.
the family has made mistakes yes, but i think some members on here need to take a look in the mirror and ask themselves the question “would i be spewing this vitriol to a european?” also, on the subject of good in madagascar, the community has benefited with infrastructure and housing to the greater good. it is also undeniable that shishir is the greatest talent in the mining sector in designing production equipment and integrating them in plants. finally, tgr is literally fighting for its life. ask yourself this..could anyone else still come out fighting tooth and nail on monday in the face of all this abuse? the answer is yes because they have the passion and belief in themselves and tgr
The facts are that expandable graphite flake for the passive fire protection sector as sold by Minralis in the UK sell far in excess of $3000 per ton. Double it and your getting close.
I don't purport to be an expert on the market, but I can say that at the height of Covid panic the FTSE fell by 40% The market has now fell in the last 6 months by just over 20%. Is what's happening in the world as frightening now as when Covid first hit? I don't think so tbh. The VERY smart money (Not me unfortunately because I'm fully invested right now!) Is nibbling away and buying shares at these crazy low prices. No one can ever predict a true bottom of the market, but all the indicators are that we are either at the bottom or close so either grab cheap shares or sit it out from the sidelines and get back in at higher prices. Simple to say yes, but we are all human so in practise not so easy! I happily hold.
I couldn’t agree more Shareinvestor and if I had to pick one post that sums up the positive benefits the Poddar family brings to TGR and the reality of the exponential growth of the business especially in downstream processing, then your post just now sums it up completely!
My personal opinion is that the market is missing and is being slow to understand the unique differentials that Tirupati can offer with regards to the low cost it takes to mine and produce, and their downstream processing after mining to produce technically superior graphite flakes in an all important environmentally friendly way than any other competitor. China is the biggest producer of flake graphite, yes, but China can now longer produce the quality flake required in a environmentally friendly way to service the worldwide market. Think of it like this by comparing it to oil: Their are trillions of barrels of oil still in the ground worldwide, but the cost to drill deeper and extract that oil from say even Russia is prohibitive compared to say Saudi Arabia, who (it is jokingly said )is all you have to do is strike the desert with a chisel to unleash a torrent of "black gold" to the surface. Madagascar and Tirupati IS the Saudi Arabia of low Capex graphite production. For TGR, all they need is a chisel. China with their Kilometres of deep mines and their ever increasing costs to get graphite to the surface just cannot compete. And that's before I even talk about TGR's groundbreaking best in the world tech and physical processing. The TGR share price is insanely cheap in my opinion. I'm buying.
Fantastic tweet just now about how Minralis sells out first stock of TGR speciality expandable graphite flake for the fire protection sector in the UK.
What the market is overlooking is that Chinese graphite producers cannot manufacture expandable graphite flake to the fire protection sector to the spec required in a non hazardous and environmentally friendly way. Only TGR offers this in a fully REACH certified spec to the UK and worldwide customer base. When you consider that the Fire protection market in the UK alone is worth over 1 Billion GBP annually and only TGR have the Capabilities to fulfil demand, the TGR share price is absolutely on the floor to where it should be imo
https://twitter.com/minralis1/status/1504442980463259657?s=21
Hi Larryh
It’s good to know the possibilities for product development so thanks for sharing, but why don’t you take a look at the incredible and groundbreaking research at TGR’s own Minetech centre here: https://tirupatigraphite.co.uk/technology-center/
The deal with Minralis alone that was announced two weeks ago will increase Tirupati’s turnover by over 50% in the next twelve months. And that is high margin, “under promise and over deliver” from TGR too. Zero chance of a placing. SP is a ludicrous bargain at this price.
Everyone thinks that graphite for EV’s are the holy grail..When actually the expandable graphite applications for flame ******ancy are far higher margin for TSG and will be worth tens of millions in the UK alone in the next three years.
I’ll tell everyone on here the real value of TGR right now. It isn’t with RR or even with EV batteries..They are important in the coming years yes, but the immediate revenue that will come (IMO imminently) is in areas like expandable graphite for the flame ******ancy sector and other downstream processes that already have a mature, massive and active market.
I've found the banter on here highly amusing over the past eight months since I invested. Some seriously intelligent posts (and some total trash of course) but one thing that really tickles me more than anything else..Haven't you all realised yet that the Mighty "BigJock" is in fact Mr Colin King?..C'mon BigJock..REVEAL YOURSELF ????
Hi everyone. I'm new at this game and completely flummoxed over this so if the good people can help me on here I would really appreciate it! My average on SIG is just under 30p..And I've been invited to take part in the open offer..I'm Totally baffled! Is it worth me converting the shares to accept the open offer? Or will I lose out? Many thanks in advance!
Hi Whitto, thank you for the data on the buys. As mentioned before, I'm new at this so please forgive my simplistic outlook. I get that MMS want to Hoover up cheap shares, but what I don't understand is that if there are more buys than sells how long can the MM's artificially deflate the share price?..Sorry if this is a bit dumb of me to ask it just that I genuinely don't know how this behaviour can be legal!!
Give that man a cigar!
Hi Witto. I think your lists could be very useful..Sorry I'm not very knowledgeable, but can you please tell me how to disseminate the buys from the sells? This would really help for a picture for us all on here I'm sure. Many thanks in advance!
Thanks for the advice everyone. I'm going to take it as well! Oh, and Expat..Maybe you ain't so bad after all! (Mind you..Take it a bit easier on the old "deramping" wontcha?-;)
(Wow!..I'm now a fully fledged expert ha ha)
Hi, First post ever as I'm new to this shareholding game! I consider myself beyond fortunate to get in here at 3p. To be honest, I'm completely flapping as I never dreamt the share could hit this level and some of the messages on here has got me thinking that these MMs (don't really know what they are but they seem to have power!) Will make the share plummet. SO..My big question I suppose is what do people on here consider a maximum drop throughout the day tomorrow? 12p? 11, 10? Sorry if I'm rambling..I want to hold as I believe in what the company wants to achieve but as I said. I am bricking it!-;)