Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
So at the end of Q2 we will be producing 1200t tin concentrate per annum. Tin recovery of 61% (according to last production report).
1200 * 0.61 = 732 tonnes of tin per annum
AISC (last production report) = $23,290 per tonne
Current tin price = $48,660
732 * (48660 - 23,290) = $18,570,840 net profit per annum
Given the current market cap ($79m) I have us trading on a PE of 4.25 at the end of Q2 2022. With AISC due to come down and production increase this seems very undervalued. Am I missing something here?
This is only the beginning. I will not entertain bids lower than £5 for my shares.
Bristol Baron
HOLD THE LINE!
Bristol Baron
I’m often asked what price I would sell my ODX shares at....
My shares are worth £5. And I will not entertain a lower bid. I will await the market to concur.
Bristol Baron
The pieces of the puzzle have a tendency to come together when you least expect. I DO NOT see this trading any lower than 100 by next Friday.
Bristol Baron
Question...who gets access to buy the placing shares?
Market bottoms form when everyone is bearish. The more I read the negative posts on this forum the more I believe that this will turn around. Bring on 2021 and the start of a commodity super cycle. What a time to be a junior miner.
Baron
Yep... once we get past this it’s onwards and upwards
When in doubt always remember the wise words of Warren Buffet.
“The stock market is a device for transferring money from the impatient to the patient”
I reiterate my prediction, 200p on Christmas Day.
Happy lockdown.
Bristol Baron
Lifting this in size tomorrow then.
Bristol Baron
Anyone know the profit per test? (Both antibody and antigen?
Does anyone know how much profit we make per test?
The Lse algo isn’t always accurate. It is evaluating each order relative to what it believes to be the mid point in the bid offer spread. In this case it must have got the mid point wrong
Sure but if there are twice as many buys as sells the price should move up. The Lse algo must be off
Christmas Day price expectations?
I can’t see this being any lower than 200.
Bristol Baron
The offer is being peppered today. Twice as many buys as sells. Why are we not moving up?
The economic problem is scarcity.
Never in history has a company witnessed such unprecedented demand for their product. All we need is do is increase production capacity. The skies the limit.
Bristol Baron
Wrong BB sorry
The economic problem is scarcity.
Never in history has a company witnessed such unprecedented demand for their product. All we need is do is increase production capacity. The skies the limit.
Bristol Baron
Markets follow sentiment.
In the past couple years we’ve witnessed a boom in the cryptocurrency and cannabis markets.
So long as covid is around there is interest in buying these stocks. The trend is up and I will not think of exiting until the pandemic is over.
Bristol Baron