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Share Name | Share Symbol | Market | Stock Type |
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Tirupati Graphite Plc | TGR | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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6.75 | 6.75 | 7.75 | 7.50 | 6.75 |
Industry Sector |
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MINING |
Top Posts |
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Posted at 31/5/2024 10:34 by flc Whatever happens, it's never a bad thing to have a reputable Chairman with a strong track record on board and lets be honest, I don't think he would have risked his reputation if TGR didn't have a future. |
Posted at 31/5/2024 10:24 by kemche kemche - 15 Feb 2023 - 16:10:45 - 926 of 1245 Tirupati Graphite - Specialist graphite and graphene producer - TGRIndian graphite play. What could possibly go wrong? |
Posted at 29/5/2024 12:06 by citys2874 TGR and MATD having a good morning expect a break out and rally this afternoon |
Posted at 29/5/2024 10:50 by apotheki As a FYI - TGR are standard LSE listed and not AIM listed so no NOMAD but the lawyers are Bird & Bird - who basically act as such which is rather surprising given all the potential reputational risk issues. |
Posted at 29/5/2024 10:08 by xcap1 One positive is that it's now fully in the open and if there is a clean sweep and new Board finally TGR might just be on the right path |
Posted at 29/5/2024 08:30 by apotheki Tw*tt*r aka XFree Tirupati Graphite…! @freetirupati 'I believe that [the proposed directors'] plans are aligned with the interests of the shareholders and will allow the company the clarity and focus required to build #TGR.' -Hemant Poddar #FreeTirupati Read his full letter to shareholders: freetirupati.com Letter from Hemant Poddar to TG Shareholders — @freetirupati |
Posted at 26/5/2024 13:01 by xcap1 All public knowledge Per link https://www.thearmch |
Posted at 10/5/2024 16:03 by jaknife The numbers are dreadful. Why on earth would anyone put fresh equity in when the company is hopelessly loss-making and burdened with debt?The market at the moment is terrible when looking to raise funds for loss-making companies, eg see Genedrive's raise yesterday; that was done on a pre-money valuation of just £1.7m. The equivalent for TGR would be a raise at 1.6p a share. Given how the market is I wouldn't be surprised to find out that TGR can't raise the funds and it ends up in administration. JakNife |
Posted at 07/3/2024 08:23 by ikn from today's update:"Recent meetings with the Madagascar Government for the release of VAT refunds of c. $2m have further added confidence that these will be returned to the Company imminently; ยท Establishment of working capital facilities from the Company's bankers in Madagascar being progressed supported by a personal guarantee being agreed to be provided from the Executive Chairman;" my thoughts: - if Madagascar Govt releases vat funds then that would be a big boost to growth plans - otherwise : this is just creating a narrative/scenario that TGR's problems can be blamed on the Madagascar Govt and not the board of TGR - if getting a bank loan is so difficult : banks consider TGR high risk. |
Posted at 18/1/2024 11:28 by jaknife Tirupati Graphite hasn't raised debt because it's not credit worthy. It's that simple.The first rule of banking is: "How am I going to get my money back?". If a bank were to lend money to TGR today then, once TGR has spent that cash, how exactly are they going to pay the bank back? TGR doesn't generate cash - it's a loss-maker - and so the only way that the debt would be repaid is if TGR could raise more cash from someone else. |
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