Tirupati Graphite Share Discussion Threads

[pwal] 07/5/2024 10:11

If the share price recovers aren't those subscription shares going to worth a lot more?

[pwal] 07/5/2024 08:48

IMHO Results this week.

[pwal] 04/5/2024 12:35

I got a reply to my mail which said they couldn't tell me anything until it had been released as an RN first.I was asked if I wanted to attend a meeting.

[pwal] 04/5/2024 11:08

I don't care who is in charge. Just get the share price back up!!!!!

[apotheki] 04/5/2024 10:44

Of course the requisition letter was valid [no need for expensive [paid for by the shareholders] legal advice]

The CEO/CHAIRMAN [plus no doubt other titles] is just stalling trying to buy time by talking to as many shareholders as possible to try and sweet talk them into backing him moving forwards.

Well I have news for him and that is that as with the Conservative Government people are no longer willing to give him the benefit of doubt [the share price has fallen from 150p+ all the way down to around the 5p mark] as it is clear and has been for some time now that there is a lack of any real transparency as well as corporate governance.

My advice is to back this group of underlying shareholders as change is required for sure and apart from the CEO/CHAIRMAN etc....others especially the lawyers Bird & Bird also need to be replaced.

For absolute clarity these are my own opinions and in addition I would add that I did not send this letter [but I do totally agree with it hence why I am offering my full support to it]

[apotheki] 04/5/2024 10:33

Update on Requisition Letter

Following the announcement dated 26 April 2024, the Company provides an update on the letter received from Walpole St. Andrews Nominees Ltd on behalf of a group of underlying shareholders holding, in aggregate, 6,847,813 ordinary shares representing c. 5.8% of the issued ordinary share capital of the Company (the 'Requisitioners') requesting the Company to convene a general meeting of the Company's shareholders pursuant to section 303 of the Companies Act 2006 (the 'Act').

Following legal advice, the Company acknowledges the validity of the requisition letter. The board intends to comply with its obligations in accordance with section 304 of the Act which requires it to call a general meeting within 21 days of receipt of a valid requisition and to hold such general meeting on a date not more than 28 days after the date of the notice convening such general meeting has been issued.

The Company is reviewing the letter in detail and intends to provide a full response to the letter as soon as possible. In the interim, the Directors have offered a meeting with the Requisitioners to understand their concerns in more detail and will update shareholders on the outcomes of the meeting afterwards as appropriate.

The Company remains committed to engaging with all shareholders, and will continue to do so throughout the coming weeks. Management will be available for and offer meetings with other shareholders, including through in-person meetings in London dates of which shall be confirmed shortly. Shareholders who would like to meet with management during that time are advised to contact the Company directly on email for bookings.

[petersinthemarket] 03/5/2024 11:14

A progress meeting with TGR would be far better than this silence. The share price has been hammered, with no obvious justification, except a nasty feeling that a lack of working capital may be behind the fall.

[pwal] 03/5/2024 10:09

TGR have offered a meeting to find out why the request has been entered.Probably due to the massive sink in the SP?Lack of progress and news flow.Failure to raise money when the share price was at 30.Just my thoughts.

[apotheki] 02/5/2024 07:31

Not really on LSE petersinthemarket so please tell us what is being posted or just c&p a few interesting posts. Thanks.

[petersinthemarket] 01/5/2024 11:24

Great deal of comment and speculation on LSE - is no-one interested here?

[pwal] 01/5/2024 10:47

Sent a mail to TGR asking when the report is due. And to confirm that there are no production issues. If there were then they should have been reported on. Will post here if I receive an answer.

[pwal] 30/4/2024 13:49

Anyone know what's happening to graphite demand at the moment?

[pwal] 29/4/2024 06:44

Let us see what happens this week.

[pwal] 26/4/2024 16:49

Well Shishir Poddar could silence this revolt if he would publish some good figures/results and headway on the VAT million. Just get that share price up!!!!!

[flc] 26/4/2024 15:41

I do find it interesting that Isabel de Salis resigned in February and has now been put forward as a member of the proposed new Board. I expect she uncovered irregularities whilst being appointed and could possibly be the whistle blower. Doesn't look pretty and could get messy.

[pwal] 26/4/2024 14:41

Disgruntled shareholders. Can't blame them.

[apotheki] 26/4/2024 14:35

Receipt of Requisition Letter

Tirupati Graphite (TGR.L, TGRHF.OTCQX), the specialist flake graphite company and supplier of the critical mineral for the global energy transition, confirms that it has received a letter from Walpole St. Andrews Nominees Ltd on behalf of a group of underlying shareholders holding, in aggregate, 6,847,813 ordinary shares representing c. 5.8% of the issued ordinary share capital of the Company, requesting the Company to convene a general meeting of the Company's shareholders pursuant to section 303 of the Companies Act 2006 (the "Act"). The Company is taking advice as to the validity of the requisition letter and a further announcement will be made in due course.

The letter has requested that at the requisitioned meeting, shareholders of the Company consider resolutions to remove Shishir Poddar, Puruvi Poddar and Alastair Bath from office as directors of the Company and to appoint Mark Rollins, Leo Koot, Isabel de Salis and Murat Dogan Erden as directors of the Company.

Shareholders are advised that no action is required at this time. Further announcements will be made as appropriate.

[pwal] 26/4/2024 14:31

Oh dear!!!

[pwal] 26/4/2024 09:41

Last year trading results were 9th May.

[pwal] 25/4/2024 08:32

Waiting for FOMO to kick in.

[pwal] 24/4/2024 16:37

Some interest today!?

[pwal] 23/4/2024 08:27

People slowly adding in anticipation for news. Good news and the share price will recover quickly.

[apotheki] 22/4/2024 11:15

SP Angel . Morning View . Takeover of Base Resources highlights need to secure critical minerals supply

Base Resources* (BSE LN) 11p, Mkt cap £174m – Acquisition by Energy Fuels Inc. for shares

Madagascar recently re-elected President Rajoelina securing a third term as president. We believe President Rajoelina will support the Toliara project development.

*The analyst has previously visited the Toliara project in Madagascar.



Whilst clearly not directly related to TGR indirectly this is potentially positive news for mining projects in Madagascar.

[flc] 22/4/2024 08:47

There are still a lot of uncertainties with this but with absolute transparency from the BOD and positive updates on finances, production and sales then it might just come good although I'll sit on the sidelines for the moment. Hang on in there pwal.

[pwal] 19/4/2024 08:11

So much for news this week. Disappointing.