Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
https://twitter.com/VoxPodcast/status/1199681707286388736 - SML on the v|o|x podcast today.
Is this the first ripple of the cash Tsunami? ;)
(hope so lol)
"What does 'renumeration' mean?"
The word renumeration means: excessive remuneration.
Also, interesting fact if you take the question above, sieve it and then boil it for 5 minutes in water to separate the letters you can then sieve again and bake them in a medium over for an hour to get "remuneration".
:)
I took the same meaning from it earny.
"Significant resources have been funnelled into testing and preparing the site for full scale operation. The restarting of the heaps, while not providing the flow of copper hoped for, was a strategically important occurrence. It demonstrated the ability of the existing plant to treat the planned production from the Paltridge North Deposit with the Company seeking to develop this project in 2020.
In preparing to fund this production, the Company has entered discussions with various funding sources and is confident that 2020 will see full scale production commence at Leigh Creek."
Thanks Sammy :)
I have been watching, waiting and anticipating some news from Leigh Creek. Disappointed that our (former) major client at Cobre has let us down so badly but you can only be accommodating to a point. I expect the team at Cobre are working 110% to replace the loss of sales and I hope arbitration with the former major client will be in our favour.
Also somewhat disappointing that Hanns Camp and CARE are for the firing squad although we have spread ourselves quite thin and I am quite sure there will be other opportunities once we have paid off NAE for Redmoor and Leigh Creek is producing.
AIM is tough and we're down but not out - my average is considerably north of the current share price but I remain confident that we'll return to 2p+ as news from Leigh Creek starts to feed in and the tsunami approaches ;)
"'In 2020, the Company expects cash flow and profitability to improve dramatically, as full scale production commences at Leigh Creek Copper Mine.'"
Or one might say propinquity that a tsunami of cash is coming.... although it is taking a while.
Well this is more like it. Long may it continue - all the way up to 2p please!
:D
Hi All,
I'm not sure if there is a silver lining but I'm a glass half full person so I'm hoping there is one and there are some really great posts by Prop, Earni, Learner, DV, Stockdale and Slurm (sorry if I missed anyone) hint at what those may be.
Keep your chins up, all is not lost the tsunami is just delayed a bit ;)
I am prop although I hope my optimism is not misguided.
hahaha - yes dotcom999 when JP said there was a tsunami of cash coming I thought we might all benefit. Seems we're up a creek without much copper; hope that the next quarter will be better than this one.
Really disappointing half year - they say you should never invest more than you can lose but seriously who can afford to lose anything in this current climate. Sorry you sold out at a loss mkwarriors - always a difficult call to know when to sell out. Hope your other investments are helping to offset the pain (mine aren't).
Good luck all.
So ... I take it the tsunami is on hold then?
So ... when's the tsunami of cash going to arrive again?
I was just heading over the patio to strap myself in IrishMouse but seem to have gotten stuck in some freshly laid concrete. I think I can feel the rumble of Djeno oil coming to the surface under it's own pressure so if you could get a pick or something to break me out as quick as you can that would be helpful! ;)
Was that the first tremor of the impending tsunami? ;)
Mmm ... not sure why that link didn't work:
https://www.bloomberg.com/amp/news/articles/2019-08-05/there-s-one-metal-worrying-tesla-and-the-ev-battery-supply-chain
Now would be a great time to announce a huge nickel find Dr Gole https://www.bloomberg.com/amp/news/articles/2019-08-05/there-s-one-metal-worrying-tesla-and-the-ev-battery-supply-chain!
"God forbid it goes to plan"?
You do realise you're starting to sound like Angela.