Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
Yup, it's just like a Ponzi scheme except the only people getting any payout, arent putting anything in, except for feeding the illusion. These cowboys need to be taken to task.
Potential reasons for the delay in results..........
1 Highly inefficient operations still ongoing
2 Still trying to see if well will clean up as still producing a lot of water (although this comes under inefficient ops as they should know how much they lost to the well)
3 good results so spending extra time on pressure build-up to delineate the reservoir
4 BOD don't give a poo poo about the shareholders
Any other thoughts? Hope it's 3 but this company has made me a pessimist.
There is no way that they do not have some results by now. Maybe they are waiting to report all the zones together. But if the lower Cruze had come in good, do you think they would have waited to report.
I stand corrected. Thank you.
Toooldforthat. Which RNS told you they are testing all 3 zones?
Please advise
18 days since the well was completed.
CEG continues to set low goals and then fails to achieve them.
AND.....fully funded would have meant a price increase leading to the start of and during the drill (speculation) which never happened due to Lombard selling and consequently, the opportunity which a lot of LTH's would have taken to topslice and derisk, didnt happen.
So sorry Tiburn, you cant justify the BOD lies with "we would have been happy if the well came in", plus as glide said, despite all the delays, they were still not fully funded as could not afford to press on to the Jurassic when the highes POS was. All this, there amateur communications and highly inefficient operations. If I get some recovery to half my losses, I will certainly be gone.
REPEATEDLY told it was fully funded, which was clearly a lie...............
And Im guessing no joy on Saffron 2 otherwise they would be shouting their own praises by now.
That is a very good point yes. A legal challenge regarding a long-term mining fiasco, not good for the campaign trail. However, I cant actually imagine these turkeys winning another election. Mr Ulf will be next, but that's a long wait.
Anybody notice the testing equipment that was due to arrive onsite 19th July is still in customs. Absolute amateur hour
All the Zulu potential and these fools still cannot manage to scrape together a positive RNS
Sorry Radika. As Speel says, its difficult. I do read Snowkings posts with great interest, but the Ïts going to be a great month"comments have kinda taken some of the credibility away. That being said, I am a holder and want the "great month"as much as anyone.
I'm afraid I don't have anything smart to add to the chat, but I am definitely in the camp that believes Prem comms are rubbish.
So Snowking I guess its going to be a great August :-)
Certainly useful info Farend, however I'm not sure that the people of Jokkmokk feel there's is much that's more interesting. The question is what influence can they bring to bear
But of course, the election is next year.
Is this suggesting that things are set to move forward in mining? Excuse my ignorance but sometimes the translations can be a little vague.
I believe they are on strike for having to work christmas.
hahahahaha
Yes, sorry Mr Snowking, but with all your supposed inside info and a direct line to big George, you are appearing now just to be a bit of a ramper
All assuming we ACTUALLY get some news....................