Tirupati Graphite Share Discussion Threads

[pre] 18/3/2024 09:38

Let's get some balance in the posts here rather than just the negative stuff.

just read rns - monthly orders coming in can't be ignored and repeat order too from the buyer. Get a few more of these or even an off take agreement and that would certainly change things rapidly from the ridiculous current valuation. DYOR folks and then decide:-)

[hamidahamida] 18/3/2024 09:27

In regards to Today's recycled RNS Radio silence on things the market wanted to know like current monthly production and Radio silence on desperately needed 6 million financing.

[hamidahamida] 18/3/2024 09:01

Problem has never been lack of orders Problem is company is unable to produce and utilise already 30k installed capacity fully (currently producing around 50%of installed capacity)Investors were led to believe in late 2022 when company did 5 million raise that company would be producing 2400t per month or 80% of installed capacity but as we all know that turned out to be another jam tomorrow guidance number. Ever since listing company hasn't delivered on guidance. Problem now is the market just doesn't trust this management anymore.

[pwal] 18/3/2024 08:09

Well good news at last! Orders coming in. Don't miss out.

[pwal] 15/3/2024 10:59

EV Engineering NewsAccording to Adamas Intelligence, 493,472 tons of graphite were deployed globally in the batteries of all newly marketed passenger EVs and hybrids from January to October 2023, up 45% or 153,034 tons from the same period in 2022.4th March

[pwal] 14/3/2024 15:36

So until the new mines are built and producing the existing ones should be in prime position to benefit from the demand.Graphite is at the forefront with market analysts estimating that more than 300 new graphite mines will need to be built by 2035 to meet the demand for electric vehicle and energy storage batteries. Currently, there are around 70 graphite mines in operation, largely concentrated in China and Africa.

[pwal] 13/3/2024 11:56

From X:#TGR is delighted to feature on @benchmarkmin's Graphite Battery Landscape. The map highlights the rare advanced position of Tirupati as a current 30,000tpa ex-China #Graphite producer in Madagascar and development-ready large scale projects in Mozambique. The map highlights the criticality of ex-China production and forecasts anode material further giving insight into the growing demand.Operational update please TGR!

[pwal] 12/3/2024 10:18

An operational update is due shortly. Last year it was 4th April but I've got the 28th March noted. Whichever, it's only 2 to 3 weeks. It just better be positive.

[pwal] 11/3/2024 11:38

Extract from RN:"It is significant to note that the completion of current exploration phase reduces our cash use towards exploration and the team and our resources will be further focussed on achieving our goal of achieving EBDITA positive results at the corporate level in the immediate term.

[pwal] 11/3/2024 08:44

What should lift the share price is a production update indicating volumes are up significantly as is the price per tonne. If only that would come out.

[kdickson] 09/3/2024 10:56

Hybridan Small Cap Feast: 08/03/2024

Tirupati Graphite 5.35p £6.7m (TGR.L)

The flake graphite company and supplier of the critical mineral for the global energy transition, notes the recent report by Benchmark Mineral Intelligence (BMI) on the global graphite producers. BMI notes that China currently dominates today's supply chain, but is expected to shift and more production will have come from North America, Africa and Australia.Importantly for Tirupati, Africa is set to become a key producer of natural flake graphite, specifically in Mozambique, and Madagascar where the Company has a significant footprint in. It is estimated that Africa will produce 38% of the world's mined supply by 2030.

[pwal] 08/3/2024 10:53

Unless there has been a site issue production is still running each day. The price of graphite per tonne is/will rise. Break even would then be more like 1600 MT per month (IMHO and calculations). Recovery of the share price must be imminent! (Unfortunately a bit like the VAT 2m!)

[hamidahamida] 08/3/2024 07:40

Another Desperate nothing to say RNS Talk is cheap they already have 30k installed capacity but they are unable to utilise even 50% of it Useless people running this company

[hamidahamida] 07/3/2024 13:09

CEO has no plans to take the company private so he says but so far delays in sorting out the funding has pushed the share price at all time low and would eventually put the company into liquidation perhaps the CEO would then buy the company from liquidators for peanuts with a slate wiped clean-:- All my opinion

[pwal] 07/3/2024 09:56

SVML and Syrah both up. Graphite demand is going to be there. Just need TGR to produce. Hasn't circa 1.6m just been made available? That surely should make a difference and should last until the 2m VAT refund appears.

[flc] 07/3/2024 09:33

On a knife edge now and if the VAT reclaim and financing don't materialise soon then it's probably lights out which would be a real shame. A personal G'tee is a massive commitment and a strong vote of confidence although it does show the business is not credit worthy on it's own. I wonder if the recent non exec departure was because she wasn't being paid and how long Alastair has been waiting for his coffers. Nail biting stuff.

[pwal] 07/3/2024 09:28

Indeed. It's not ambition we need but production. I'd like to know what 1500 - 1600 per month immediately actually means.

[thomas11] 07/3/2024 09:06

Nice Corporate update showing no lack of ambition, the issue is lack of ability to deliver operationally, claimed in IPO they would get to 84,000 tonnes by the end of 2024. Looks like a lost cause to me GLA

[sleveen] 07/3/2024 09:00

Not releasing VAT owed to companies is a financial pandemic in Africa.

Placing @3p incoming IMHO.

[ikn] 07/3/2024 08:23

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;

· 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.

[sleveen] 07/3/2024 08:03

When it comes to releasing VAT, African countries don't know the meaning of the word imminent.

Why TGR didn't have a placing @ 40p a year ago is beyond me.

[hamidahamida] 07/3/2024 07:41

They are not producing 1500

[pwal] 06/3/2024 09:32

IMHO TGR need around 1750 tonne per month to break even. From the last statement they appear to be on 1500 per month. Things had better improve quickly. News would be very welcome.

[beerboy02] 02/3/2024 08:42

Thank you for the clarification its something I will always check in future before hitting the buy button.