Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
I think in his original post Rotherby was in agreement that NC wouldn't take all of GGP no. His query was on just them buying up the 25% of Haverion at some point, and can GGP ultimately sell it without SH approval or not.
Anyhow am sure he can elaborate.
Hi Rotherby.
Yes I don't read this BB that often now compared to when I first invested in 2019 on this one.
I too was surprised your very sensible points didn't engender interesting debate too, as said early yesterday they seemed reasonable to me. But the reason I read only occasionally is partly the fact that most days rather than reasoned inputs to interesting thoughts like yours. The BB is now awash with conspiracy theories and defensive holders v clear de-ramping agenda driven troll types. It's not great here any more, & makes the good stuff hard to find in amongst the keyboard wars...
If you are under water here I know it's not much conciliation at the mo. But as a relatively LTH who has sold a few for other ventures in the big rise of 2020. But retains a fairly decent rump even now. I think that this can come good again one way or the other. But as I read someone say the other day, and is my thought too. It's currently not flavour of the month as it was back then. The resourse though is very good, and that the only reason I hold on to some. That's the saving grace IMO.
Good luck.
Fair comment Darren.
More I see of AIM, the more I think that perhaps a mixed strategy of solid researched investment built as I tend to via pound cost AVG. Plus a smaller up down pot for the big moves may be very pragmatic, but sage advice.
Fyi I was spoilt on AIM as in mid 2019 my first research on this market led me to Gold and GGP!! I bought a lot when it had big potential, but was going noware it seemed around 1.6p. it then started to take off Xmas 2019 and early 2020. This is the flaw in your theory to a degree. As if I had sold half my pot (say) at a little plateau like what 6p. 8p, whatever. Would have missed the crazy rise to 38p by year end 2020 holding still many million shares as I did.
I know that's a real extreme. But it bolstered my approach somewhat. However you are quite right. More often than not on AIM. The retrace is more likely than the year long climb due to the modern investment idium of "I want it yesterday" it very much appears a few years on in my dabbling this unregulated market.
Me old skool mate. I once held a share on FTSE for over 30 years coining in divis... But not too old to adjust slightly I hope.
Cheers.
Ant/Darren.
Thing is, some of us aren't really good enough to pick the optimum buy and sell points with any regularity. It's a real skill, and even though AIM gives you far more opportunity to practise than main markets; due to the fast up down volatility etc. I still screw it up more often than get it right.
So horses for courses. Generally I try to pick sectors and shares that seem to have potential, and then drip feed in still fairly largish amounts. Sometimes buying too high, sometimes getting in low. Trying to average out over a bit of time, but with an overall buy in cost that gives some chance of profit on a more sustained move North?
That's just my take. But fair do. I invested on main markets since 84. But only on AIM for just over 3 years. It certainly seems here that, as up n down RNSs rule. If you are good or lucky consistently.... Then you can ride the waves up and down and make good money, no doubt.
Or you can research and sometimes find a few gems that over time these ( or some of them) will work for you on principle of pound cost averaging etc.
I think though that you may get better reception from those with an alternate method by not rubbing thier noses in it quite so much when a fortunate RNS fits your strategy...
Is all I would say...
Good luck to those day trading. I know how tricky it can be. But don't treat those that don't have the inclination or skill as idiots if they work another way.
It's boring, but as said & personally come end of Q3 I will review my investment strategy on this share. I still, and despite the issues clearly still in play here, do expect to see progress in both material, and share price growth by then.
As you guys are still here I assume to a degree you would concur also. Otherwise, why waste your time on this one?
If your good enough to second-guess the SP dropping RNSs, and also predict the ones forthcoming that lift the share skywards & that we all hope for...
Then you are better men than I.
Cheers to all share holders here in 2022.
@Rotherby.
In amongst the arguing and bickering. I found your earlier post very well thought out, and no. I don't know the answer to if GGP can sell the 25% left without SH approval. It's an interesting point. Personally I can see NC being far more interested in that than aquiring all of GGP for some of the reasons you outlined.
After a terrible 2021 for the SP. Here's hoping for some positive progress on the thing that matters.... That SP during the next month's. I admire the likes of Bamps and Zoro etc who dig deeply and track the on the ground progress. But we have to also remember that whilst a hobby for a minority. This is foremost an investment for 99% of us!
As such it would be nice to see some better days this new year to backup the underlying resourse advances.
Cheers.
A bit vulgar AIM. But get your point ...
If we are that close to delivering something though.... Then hopefully we will shortly see a fully formed, and not in the least "premature" update of some considerable substance I trust ! ... ;-)
& In the meantime that short respite will give a few of us further time to add, while our exiting friend continues to feed the market the bullets then...
Value your inputs & have a good evening.
Cheers and HNYear AIM...
Your points are always interesting.
As a national expert level Chess player myself (ELO 2100).... I sort of like your analogy. Though I would add, that.... Whilst it's nice to snare the game in the opening (traders), it's more likely that you gain decisive advantage in the middle game (the slightly more patient here). But tbh the guaranteed winners are those who judge it the best, and more often than not appear to pick up the real wins at the end game phase in my experience........
I like to invest for the later in most all my shares, as you probably guessed. But if the game concludes in the former stages .... Then fine... so be it...
I still believe that the Comms here need to step up though, as the journey continues. As some have alluded to also. No point in great theoretical resources if it doesn't spark with the investing public.... That's a small, but vital part of the company I am afraid. Needs to improve here IMO perhaps?
Cheers.
As a long term investor here now I guess (?). Into my 3rd year. I have to say that as much as I still love the resourse, still hold over 10m shares, think that now longer term this is a very high %age investment bet... Etc etc.
That notwithstanding. This deal has really, for now at least sucked the life out of this share!
It's right bottom drawed for me now. For anyone looking at a Sipp or ISA share to build a position in this 6.3 odd is a great 4 year entry no doubt.
But for the rest of us, & to paraphrase one of my few Green Coffins on here....
" This simply doesn't get duller than here"...... Sadly....
For what it's worth I agree DJ on HZM.
As you know I hold pretty big there. But now letting it ride. No further adds needed. But at a cheap 6.3p odd now. If I was looking at a strong longer term bet, that I was prepared to leave in for a year or two plus. I would build a position there now. A takeout now finance done, and closer to production would light a fire there as we know with that huge resourse..
Already have that though. So building here and elsewhere as said. Though looks today like it's building back nicely here. So may have to wait for more top ups...
Cheers.
Ta Wasa.
Yep. Some newsflow and regular updates would seem the way forward here it seems. Mind you RMM also has a great resource, and a nice turnaround story, and very under valued mcap. But everytime the BOD put out a briefing it seems they unintentionally shoot themselves in the foot...!!
As a LTH there I don't care, as just add on weakness also, but it's a traders delight as a result unfortunately.... Well until it isn't !!
But be careful what we wish for here also... Less, but good Comms is far better than frequent but I'll thought out stuff of course ..... :-s
Cheers all.
Hi Bwana. Happy new year.
Thanks also for the view.
Yes I think that, as said, this one needs a bit of a step up in Comms from the seniors to light it up perhaps.
I set a 5p or under investing line for an initial position. Got that fine. But am flexible for more. If it dips below will likely add. If we see some inkling of +ve news will likely add.
But for now it seems trader based as we speculated perhaps, so just watching.
Just been looking at other areas really, here, RMM etc. As HZM is for now a bit becalmed until we see ground being broken. So just leaving that alone to await longer term events post the finance deal.
Cheers.
Thanks Chris.
So your view is what... That the same pre Xmas individual is back dumping again having seen a little mini rally after he had desisted?
I know Bwana speculated a while back that he was out. Assume that you think that hope is a bit premature then?
It would be nice to catch some decent news here to counter this guy in that case. Assume he would just sell more. But it may then be balanced better via new investors keen to get in I guess...
But as speculated. This one seems to be fairly info light in my limited experience to date? Maybe the BOD are waiting for a big reveal then.... Be nice hey :-)
Cheers.
Am I correct in assuming here that the pre Xmas large daily seller has for now at least desisted. That this, rather than any real news then resulted in the climb back to mid 5s odd. But that again, & in absence of any real go forward information that the slow sell off back to 5 or less is now going on - as likely the usual AIM market "low boredom threshold" types exit with a bit of profit to try elsewhere for now....?
I don't know the pattern of this share, as only invested recently under that 5p area as a starter for 10. But I assume from reading a few posts here since that this is not a comms heavy share to put it mildly.... So (& leaving aside the big single seller I evidenced a month or so back), that usually in my experience this means a drift back as the aforementioned disinterested traders go off chasing the next big thing?
Any feedback on the usual patterns here would be useful input for gauging future top up points.
Ta.
Personally, I like the gradual build here recently. Boom preempts bust etc.
If you have been invested here since (say), end of 2020. You will have seen the big spike of 28p to 60...(equiv).
The fast retrace.... The fall to 18 odd. The spike up to 44p and back etc... and everything in-between!
This is not for the faint hearted...but... Now ..
But now with finance in place, drilling uncovering great grades, and the basic "industrialisation" of the mines coming, stopes, infrastructure improves, hedge to clear early next...etc... All coming in the new year....
I just have a feeling,vthat despite the Green Coffin attempts (lighter by half in the last days..... Go figure...) to disrupt.
That, the gradual build now has a strong momentum?
Still here for a late Autumn 2022 review of investment as ever...... But day by day, and accepting there will be bad days (it's mining!)....
Feels like solid progress to me...
Gla.
Hopefully, & despite the ups and downs of 2021...
With finance agreed. The build coming early next year, and still the carrot of those two large Ni resources in high demand always underpinning it...
HZM will have a happy new year for all involved...!
Personally I would like to thank the numerous contributers to this forum for their great analysis and always educational view points. Of all my share bb's. This has always been the most erudite and considered for some years IMO.
We don't a always agree with each other. But even with the relatively contentious deal recently. Agreeing to disagree slightly has never descended to the bear pit some of my other investments regularly do. With a couple of very exceptional green boxes here. You guys/girls remain sensible and thoughtful at all times.
So cheers for that, and have a great Christmas all.
For what it's worth, I remain holding a decent share volume here. As I believe in the resource and its potential. I also think that by Xmas 2022 we will be notably in advance of where we are now.
Oh and hi to Luke if he still reads here. Miss your early morning daft EV and Ni posts with my coffee. Merry Xmas mate.
GLA.
@VTID
I think your right. Just got to wait and hope that the sub 500m layer actually delivers something. It seems apparent now though that despite all the optimistic pumping a few months back. The grades in these first two holes pre 500, and one assumes the final few are just poor 0.11% and 0.14%... my other main Cu play has its issues. But routine grades at 2% plus, and a recent RNS at 5% put this in stark relief.
Before the AM GEOs start here. The market Quite clearly judges them similarly boys...
If however geologically this points to something potentially over 500m down here. Fair play, then as mentioned before this will likely give ROCK the chance to return here in the new year to sample deeper optimistically I guess ...However, one assumes also by then they will be back cap in hand looking for more funds!
That's been the way of this share for years. Even before DP took over. So this is expected now sadly.
Anyhow, just goes to show that you should believe no one on anonymous bb's. 3p plus rerate coming fast (OMM circa 3 months back...), better than RMM, bigger than Havirion (a couple of other Am GEOs)...blah blah.... Heard it all before.
Anyone been here long enough to remember Bankruptsharebuy, Sipptrader and all their pumps etc etc..... tiresome.
If there is anything here now it will take months and months to approach it even. Nevermind if it's going to be commercial at the lower depths, that's ages away.
As someone commented. Back in the draw again...same as it ever was.
But you can decide yourself on this one.
The daily jousting is made up of those short, those long, and every shade in-between strikes me.
I read up almost a year ago on here after a tip from another BB's poster. I know the tipster is a bit Marmite to many. But one thing you can't fault him on is his interesting options, and I am grateful for the tip.
Since then, & by a bit more reading around. I personally have seen this as a still slightly risky, but potentially very rewarding turnaround op, and still do.
Accordingly I have been buying off and on as it ebbs and flows. NOt always timing it right. But I work on averages, so hope eventually to make my numbers work.
If you were as 'concerned' for the prospects as the flip flop trading rampers, turned derampers here. Then frankly you would be long gone and silent by now.
Fact they are clearly not, and are still seeking to influence just makes me more convinced there is high potential here.
It's that simple for me.
The notion that this will not, and has not had its ups and downs is just silly. It's mining and s*it happens. To make more though than there is out of every step forwards, and especially every step backwards simple shows the agendas of some individuals.
Decide to buy, to hold, or to sell based on a conviction or otherwise. Decide if that that the risk/reward here is or isn't worth it.
I think it is. So I gradually add. Once I think it's over As a proposition for growth I will sell and exit. But I won't talk it down. I will simply have moved on. Think that's only fair.
Shame same can't be said of a few others regularly posting here. We can all take positive and negative reasoned views.
But some on here seem to have no scruples, as they outrageously ossilate in support according to their needs.
Frankly it's an insult to the intelligence of the bulk of investors here.
Anyhow. That's me done for Xmas. Have a good one.
Cheers.
... and it's not the early Turkey.... Seems, from the number of panicking Green Coffins, combined with the SP holding quite well... A few shorts not happy here....
Btw great post Posset....
Good point Bertie ..
In 4 weeks the Health n Safety issues will resolve positively hopefully. The larther here around that being tomorrow's fish n chip paper.
But the Cu grades, and this interesting Au area reveal ..... Will remain as ongoing positives for 2022.
Cheers.
Hi Ant.
Across all the BB I choose to read to pick up interesting info, or opinions that I hadn't thought of, or technical input I am not qualified for.....
I would say I Green Coffin only about 10 or so persons. Of those 5 are here though....I haven't green boxed them as they are rampers or derampers. Rather they offer nothing to add to my view, but more importantly they talk their book and change positions as that changes, so I see no objective logic in their opinions.... Hence I ignore them.
That's just manipulative In my view?
Elsewhere, I have derampers and rampers green boxed, and the milder ones, if I think they are particularly disengenuous, then I may occasionally argue the t*ss with if I really disagree.
So I don't differentiate between the two groups that much. The basket case Cu play I mentioned, you will more often see me anti the big rampers for example. Similarly on my Ni play in the past.
Anyhow. Just how I see it. Here I take a generally positive view mid to long term. But also try and keep it real. The £1 next week posts are as unrealistic as the Loon crew in my eyes.
Cheers.