Andrada Mining’s earn-in agreement with SQM is value-accretive partnership. Watch the interview here.
ONE WAS A SELL. DYOR
100,000 shares in one tranche sold yesterday at close. Wonder who that was.... Over 90,000 sold this morning so far. Anyone would have thought management would have at least made an attempt to halt the decline thats been going on for months now though that have shown that are not actually bothered by the decline in share price imho. Shishir has gone from being attentive to shareholders concerns in the beginning to total ignorance and disregard for shareholders. This shows his personality. One side of him gives the impression he is on shareholders side while the other side of him shows us exactly how ruthless and uncaring he is towards shareholder and their concerns imho. I have said this a number of times and I know only some have the a similar opinion, this will be taken offline imho. DYOR
Salut. Cast your mind back to the VW scandal with the DPF cheat installed. That's one example of a no win no fee situation. That was for hundreds of millions of £'s and $'s. Its not just for someone tripping over the pavement and suing the council etc. We searched long and hard to find the right law firms and after approaching them we narrowed them down to 3. And no law firm would offer a no win no fee if they were not sure of a positive result. So go figure. You really do make us laugh. Keep it up. I wouldn't be surprised if your one of the ones (if you are actually invested) who wants to join the lawsuit once its in the media and everyone knows about it. I also said months ago this would go to 7p before dropping further. Its on the way today since, as many on here have said shishis isn't interested in calming shareholders nerves with the amount of questions he needs to answer. Looks to me like he's happy for a lower share price. I wonder why hmmmm. DYOR
THE POST BELOW WAS REMOVED. Glengarth any thoughts why?
We got some good news this weekend in connection with the group of Uk investors who are collectively seeking to take the Poddars to court over their attempts to cheat investors by using TSG to lure them into investing in the company before killing TGS off and rebranding Pranagraf to pick up the pieces and in particular keep the profits. The great news is the group have now approached 3 separate law firms on a No Win No Fee basis to see which has the best opportunity for success. We have for well over a year been collating these videos and are now sending copies of 34 videos of both shishir and puruvi together and separately talking about the benefits of TGR and TSG together and how investors would be benefit from investing in this (what was describes as) multifaceted company. Its still early days but after taking professional guidance and advice we are very confident we will connect with the appropriate Law Firms as we believe we have a very strong case for success. There will be an opportunity down the line for other investors who feel they too have been tricked into investing in TGR to join the group which I will pass info on as we progress towards one of the 3 law firms who will begin analysing all 34 videos this week. I say one Law Firm though it has been suggested that there may even be more than one separate Law Firm that takes the case on. Time will tell. DYOR
Harchris many shareholders wanted to meet with shishir but due to work commitments and getting to London on the dates offered was too difficult for them including myself. If shishir had been upfront he would have had an online meet with all investors after he had his 1 to 1 with the few who could make the meet and aired everyone's concerns to put us all in the picture. Chosing to speak to individuals who knows what he said to each of them. Going by his past promises I expect he told them all different things to keep them happy. In any case I've heard from some who were at the 1 to 1 and they were given so many promises that have just not come to fruition. Same as his broken promises to the market in general. He alone now runs the company after Hemant walked out on 5th Feb and subsequently started a brand new company on 12th Feb which we are following with great curiosity. Shishir is not trustworthy l. Everyone knows this. Not responding and sitting on his throne alone dragging the share price down is insulting to everyone of the investors who stood by him. He is wrecking this company and in our humble opinion its deliberate. He must answer our questions. This can't go on till April...the next report will be mediocre at best and he will want us all to fund Hartimay ventures to the tune of millions which is one of his other company. What do you think will happen to the share price then.dyor
BorisMArtin the RNS from August 21st was released only after repeated emails to shishir from many many shareholders to address the situation with TSG along with us requesting for proof of the complication between TGR and TSG. There was no proof given except Shishir saying the law in India had changed. We couldn't find this change when we researched it. I ask anyone on this forum to show change in the Indian law towards 2 companies not being able to merge because they are registered in 2 different countries. Also TSG were going for years before Pranagaf ever existed. Pranagraf are less that 6 years old and their connection with TGR is not the same as TSG even though they are a carbon copy of TSG. Again I say they are separate entity that the poddars own. Shishir also wrote in the same RNS the company would focus on bringing the two companies together yet nothing has been further from the truth. Over 6 months later and nothing. This is because ioho he has no intention of doing this as it affects his own personal profit. This family are greedy. This is also the case with Hartimay Ventures, one of the other poddar companies that supplies industrial goods to TGR. The poddars are selling the goods to themselves and profiting twice while we the shareholders are slowly stripped of share price progress as we get melted down with more and more shares being added to the market. DYOR
Thanks Harakiri for the Heads up on Hemant Poddar and another of his new Business start ups. We will look into this. In the meantime Ive copied your post from Nov and reposted as it has lots of good info which Im sure has been overlooked.
FROM NOV 23-
Had a chance to go to india and meet some graph consumers as I was there for other business. Quite a few chatter and questions that I think should be asked:
Rumors about a new processing plant in Tanzania from one of the directors. not sure if this is 100% correct. Pranagraph is selling Tirupati's product. Margin division considering prana is primarily run by poddars. Conflict of interest? Heard talks about sisir's machinery manufacturing company that sells machines to Tirupati. again unsure on validity of this but also saw something on the last annual report. profits being made there for directors too?
wanting to buy in and get into the TGR rollercoaster. but, any ideas from anyone here on these?
BorisMArtin the difference with TSG receiving the graphite from TGR would have meant that TGR would be in control of the TSG profits since it was repeatedly stated on video links and investor meets for years by shishir and his daughter puruvi that TSG was part of the TGR make up in so much as TGR was the head and body of the company and TSG were the arms and legs. They were connected and esentially 2 parts of the same company. As I have stayed a number of times Pranagraf ia a carbon copy of TSG with the exception that it is not connected to TGR since its a separate entity owned by shishir and his family. They did this for one simple reason. TO KEEP THE PROFITS FOR THEMSELVES. Look on google at some of the videos of them promoting TSG to the high heavens as its the Spherical graphite side of the company that they used to lure investors in with. Pranagraf now does this job, and shishir keeps the profits. You mentioned 1 million in sales to Pranagraf in your last post, TGR's largest customer. All the profit that Pranagraf makes should belong to TGR. DYOR
Crocqman those "silly rumours" being put to bed is quite incorrect as it's started waking lots of investors up to what's been going on behind the scenes. Interesting that no one on this forum has challenged the role of Pranagraf since its a carbon copy of TSG AND KEEPS THE PROFITS FROM THE GRAPHITET TGR SELLS TO ITSELF. Dyor
Drjohnojohn - you posted you bought tgr shares yesterday. There were 3 tranches of shares sold yesterday totaling around 150 shares. So at most your purchase would amount to £8.00 before charges. Is this the type of investor tge have attracted now I wonder.
Borismartin you listed 5 companies in your post that Shishir runs excluding TSG. Pranagraf in April 2018 was put in place for one reason and one reason only. To continue when TSG gets killed off. Ask yourself why they came up with Pranagraf, a company which does exactly what TSG did? Why have 2 companies that do the same job - spherical graphite? TSG was going for years before 2018. Yet Shishir had Pranagrath waiting in the wings for a few years doing nothing until he decided it was time to kill TSG and have Pranagraf continue doing exactly what TSG did. The only difference is Pranagraf keeps the profits where as TSG would have to put the profits through TGR. That's why the company shares were suspended last August. Shishir took days to convince the auditors of his backroom going ons ioho. We have emails from him during this time and his excuse was that the forms had changed so they had to run round frantically trying to find someone to fill them in correctly. He actually expected us to believe that. No company has 2 companies doing the same job. Especially when one of then waits from 2018 till 2022 doing next to nothing . If you look back at the RNS when shishir said there was a problem with integrating TSG with TGR he never once mentioned pranagraf taking over the role of TSG. It was only after repeated emails from us for months that he finally admitted that Pranagraf had become the new TSG. Why do you think he had a second company waiting to take over from TSG? Dyor
Harchris since you clearly consider yourself the company spokesperson on here who said we would get an update in mid January...then you said it would be late January... then Early o mid February... .last I heard you said it would be next week... keep guessing as by April you will get it right. You also said Investors shouldn't bother emailing the company with questions as they are very busy. Now you want us all to email Shishir so he can assess who wants to know what...hmm... that's interesting. What about all the emails he has ignored? Surely you have the answers to our questions. Puruvi doesn't have a clue it seems so maybe you and glengarth between you both can answer the questions of poddars owning more than half of the company and also when they plan to take the company offline. Oh and don't forget about the accusations of insider trading. That's a question that needs a prompt answer ASAP. Let me guess...next you will be telling us TSG never existed is that right?. Or perhaps Pranagraf are the best company since sliced bread and we should be giving them more graphite at a discount so even more of our profits go into shishirs back pocket? Whatever your little heart desires just say the word and we wil all be ready to dance to your tune. Oh and if you don't want us to research shishir and his dealings just say so and we will all sit on our hands. Perhaps I shouldn't say DYOR as you don't want us to...right?
Crocqman thanks for posting some of what you got from Shishir. Can I ask if you have actually read and understood what he is saying in his long winded way?
TSG did exactly what Pranagraf do today as they were one of the entities of the founders that was reprocessing and marketing flake graphite in western India. The one and only difference is if TSG were still here today we the shareholders would see the profits from their labours. Instead Pranagraf who are another company (one of many) belonging to the Poddars does the exact same job as TSG did but instead of putting the profits back into TGR which TSG would have done, they keep them for themselves.
Also Shishir mentions in Crocqmans post that - and I quote - "India is one of the largest natural graphite importers today, and an important market for us". So why is there NO ADDRESS FOR TGR IN INDIA? Why did you remove it from the TGR website only a couple of weeks ago once it was raised on this forum? If India is so important for you then why no contact address? Simple question we have asked the company and guess what NO ANSWER
Without tearing the whole of Crocqmans post apart I will highlight one more word for word comment which states - and I quote from Shishir- "you will see we have sold whatever we have produced" So why is the company on life support? Why is the company skint? Might it be that Pranagraf have a lot of our profits? which is one of your "other" companies Shishir? DYOR
BorisMartin your question regarding Pranagraf is very valid and need putting right as its costing TGR a fortune. Pranagraf are effectively taking TGR profits and keeping them. Puruvi and Shishir did a number of video link presentations over 2 years ago promoting TGR and TSG (now Pranagraf) as both part of the same company which gave every impression that anyone investing in TGR would benefit from TSG and the spherical graphite side of TGR. They even went so far as bragging they had a connection to Rolls Royce doing trials with spherical graphite. This was at the time when TGR went from around 88p to over £1.50. Very shortly after that the share price collapsed when they killed TSG and Pranagraf took over the spherical graphite side of TGR. Since then Pranagraf have been getting our Graphite cheap and selling it on and keeping the profits. Puruvi who was promoting TSG to the high heavens is now CEO of Pranagraf and after the TSG affair she went quiet for over a year. funny that don't you think? TGR will never be profitable in its current state. Shishir has made sure of that imho. He will keep it on life support till he bleeds shareholders dry then take to offline imho. This is a family business only No outsiders allowed imho. I ask everyone to look back at the video links which can be easily found if you google them and see what how they promoted TGR and TSG as being the same company. Its a scandal imho.
Crocqman says he received a reply which he is reluctant to share yet he said on 19th of February that he would share any response from the company. Why don't you copy and paste the reply Crocqman? There are many who have had nothing from the company yet you seem to be favoured. If the company did reply to you then they have a duty to respond to everyone. The fact you are not willing to post your response leads me to think otherwise. The only takeover that will be done is the company taking all the shares for a pittance imho and walking of into the Mumbai sunset (where there is not actual address fro TGR). DYOR
Broomtree the BUY volumes are pitiful because investors are finally waking up to what management have planned for us all imho. The sell volumes if you look over the last 2 months are huge compared to the pittiful buys and this will continue. The poddars are in control of everything imho. We are just their vehicle which they will dump once the have no need for us and that will come soon inho. I urge shareholders to demand we get answers to the important questions being asked. Their ignorance has gone on for months now and just look at where that has taken the share price. DYOR
Cigam TGR WILL NEVER BE PROFITABLE. Shishir has made sure of that IMHO. He has put this company on life support and will pull the plug when he's ready to take is offline IMHO. He will never let shareholders benefit from TGR unless they are family IMHO. That's why Puruvi now runs Pranagraf which is TSG. Puruvi bragged TSG was part of TGR in videos and that the spherical graphite would be a massive boon to TGR. Yet now TSG METAMORHPISIZED into Pranagraf and she Puruvi is CEO of Pranagraf while TGR shareholders get nothing from Pranagraf. We have been duped yet there are some on here who think this arrangement works for TGR. Shishir imho knows how to work the markets as hes had so many companies in the past. He has learned from past experiences how to get shareholders onboard before sinking the ship imho. Watch and see. Every shareholder should be contacting him and demanding he come clean and answer the questions we all need answering. DYOR
Middleway your one of many investors and potential investors who have emailed TGR and got nothing back. Ignorance from them gives o much negativity to anyone looking in on this stock. I have said a number of times the concerns of many shareholders yet neither the company or a number of goons on this forum take the companies ignorance seriously. They must answer shareholder questions. I urge every investor in this company to email them and demand a meeting with investors where we can ask open questions regarding our investment. Like a lot of investors in this stock we do NOTtrust management. They have put this company on life support when it should be out winning contracts and leading the way ahead. Imho this is deliberate. Everyone ask yourself why they are not answering shareholders important questions. DYOR
This will keep going south till the questions that are ringing out in managements ears are answered. Puruvi's response to Crocqman says it all. She isn't allowed to answer basic questions that many shareholders have been asking for months. Why is she in such a high position in this company when she clearly is out of her depth? We are being led up the garden path by the blind imho. Over half a m8llion shares sold today and almost none bought. Who owns that many shares I wonder? Oh and thanks glengarth for the heads up last night. That really helped us. Dyor
Plazahot on January 17th you wrote you didnt think the share price would much lower...its now over 23% lover than back then. I stared back then the price would drop below 10p and it has. I also stated more recently the price will go to 7p before it descends further. I stand by what I have said. I do not want the share price to fall but the reality is it has. And it will continue until the company come forward and answer shareholders concerns. Its common sense they should have denied they are not intending to take the company offline and to put everyone right on their percentage holding in their company yet they have chosen to stay quiet knowing this will fuel more sells and a lower share price. Which is exactly what its doing .Dyor
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