Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Let's hope you breakeven at 10 soon sunshine
Shukkka doodle dooo
Bbg, I think your question has been covered many times.
the money invested is coffee money, of course they invest small amounts. they do it world wide.
and conversely, I could ask you, why fmg have pulled out
Well done for your commitment BBG...looks like we both have a huge vested interest in this coming off.
For anyone who is holding back...I know its been a long haul and immensely frustrating, but for BBG and us, when it happens it will be truly life changing...
And based on the points I put forward earlier BBG, it could (should, ideally) happen before next Wednesday...
Otherwise, when the MD&A is published, even though the cash should be enough to last until end June or beyond, a figure of, say $7/8 million at most will make a lot of people nervous and I would expect the SP to drop below 9p again...
But even then...its only a matter of time before value outs...
Given that 'baseball bat Bob' was hellbent on selling the company from October 2022, we could easily have gone for say 40p last year...
Now we have a perfect storm of copper 'stockouts' and an inevitable rise to record highs well above $5...the possibility of $3000 gold...or more...and a gigantic battle for Anglo's copper assets, which will trigger the Chinese into action...
Plus we are in the early stages of a metals bull market (not seen since 2011) AND, as a result, the early stages of a Miners M&A frenzy that will gobble up existing producers such as ATYM and juicy prospects like Solgold...
60p anyone...?
I'm currently re-reading Heavy Weather by P.G.Wodehouse. Barely a page passes without a masterful description and by chance I've just read this and thought it appropriate:
'Too often, when a man of Monty Bodkin's mental powers is plunged in thought, nothing happens at all. The machinery just whirs for a while, and that is the end of it. But on the present occasion this was not so. Love is the great driving force, and now it was as if Gertrude Butterwick had her dainty foot on the accelerator of his brain, whacking it up to unprecedented m.p.h. The result was that after about two minutes of intense concentration, during which he felt several times as if the top of his head were coming off, an idea suddenly shot out of the welter like a cork from the Old Faithful geyser'.
You really are a clown 🤡 byronramperbaygold, it’s because it’s as cheap as chips for everyone at the moment. Unfortunately 🤡 🤡 like you have believed your own 🐂 💩 and have been raping this since the high thirties and are well underwater despite your persistent telegram denials…..
You must be in a right mess on this stock and no amount of telegram boasts will change that …..
Couple if classics from the clown 🤡 recently,
3 weeks ago a classic BBG ramp ……..120p in 120 days 🤣🤣🤣🤣🤣
Today’s classics……… major funding news in 2-4 weeks………maybe there will be funding news seriously doubt it will be good for shareholders at this price, no wonder you are 💩 ing yourself……..🤣🤣🤣🤣
Needalife, a genuine question - With all the corruption and problems you bang on about in Ecuador, why has Gina Rinehart, Barrick, Zijin, Solaris, Newmont, Silvercorp all invested/retained exposure within Ecuador during the last six months?
I am very comfortable to maintain my £140k exposure in Solgold!
In about 2-4 weeks, you will not exist as you will have moved on to your next stock victim and Solgold will have announced major funding news
Evidently not, SM
Companies have AGMs every year, so there was always going to be one in 2022. The A stands for Annual
If you want help understanding how placing shares owned by the company you have shares in dilutes the value of your holdings, I'm here for you 👍
Aquinaga,
Are you telling me the earth is round.... Hahaha
You will be telling me next, solg is on the point of being sold.
And then you will tell me, adikt got something wrong.... Hahaha.
At least he understands the basics of investing, namely dilution.
Let's not forget that you don't understand the company though, DBW.
"It won’t get to any AGM …. They can’t afford to" said in mid-2022, when others correctly pointed out that nothing much was happening and there would be Solg AGMs in 2022 and 2023.
Two years and not a lot of growth in your understanding
Sorry DBW...our messages crossed...your posts are always sound and more succinct than mine...
Heres hoping mate...
Maybe Italian, but I'm trying to put an interpretaion on things that don't at face alue seem to add up.
And certainly those share purchases had us scratching our heads...and rightly frustrated some people because of their minuscule size while announcing a raft of options for Chris.
My timing may have been off in terms of something happening last week, but gold, copper prices and the BHP Anglo situation plus the growing number of ultar bullish notes on copper and impending M&A...
PLUS TEN EOIs on offtake funding, suggests the possibility that there is hard negotiation going on behind the scenes to get juicy terms which would allay cash fears; put an implied value on Cascabel; and stop the understandable cash concerns in their tracks...
So surely before the MD&A we will hear something...?
Indeed Red ….. funding announcement must be imminent and I reckon we’ll see it before quarterlies ….. as always with Solg nothing is guaranteed
Haha
Yes people all around the world still believe it’s flat. 🤷♂️
Let's be honest this share has been one endless nightmare for investors - will it come good? I think so, eventually. Trouble is every day wasted posted on here is a day closer to the end.
He definitely adds shafts of wit
Stealing a sheep...this autocorrect is a pain
You guys please leave my old Buddy NAL be,
He adds charm and wit to this BB without the boasting and bragging about his immense solg position😆
I saw a great Aussie film last night which I quite enjoyed: Son of a gun. I found the line stating that if you are going to be hung for stealing a sharp, the might as well shag it😆 Now we know what they get up to down under for fun😁
Aqua, yes, strange, isn't it. But you're wrong about the earth thing - there's a way to go before that particular penny drops.
Let’s face it you’ve been spouting the same 💩 since you and mrs 🤡 were buying the 30s, so your analysis means Jack 💩
Red, my friend, sometimes you just think too much...
No one is going to pay 20p for those shares right now… absolute nonsense
And then I thought...they must be working on a biggy, which would be worth waiting for but if needs be they could, as a last resort, launch a tender offer of the former CGP 155 million, because with the BHP Anglo brouhaha, rising copper (and especially gold) price, M&A momentum, etc, surely someone seriously interested would pay 20p to get, or increase, their foot in the door...?
Ouch..hit the post button by mistake...anyhow...
which would show up in those results and make the market even more nervous...
Finally, the MSCI constituents are announced mid May and by my reckoning we would probably want to be at least 10p to reenter the index, so...
Putting it all together, surely we must be expecting a significant announcement by the end of this week, that puts an end to the short term cash concerns and lights a fire under the SP just in time for MSCU tracker funds to drive the price up further...
As they say...its all about timing...
So it struck me...SC and CS had to buy when they did because they were entering a closed period for the quarterly results...and maybe the shares they bought was pretty much all they could get in a hurry on TMX...
However, this also suggests that they were expecting a 'material' announcement during that period, otherwise why not wait until after 15 May?
And then I thought, after 15 May the SP would likely be cheaper if nothing material had happened, especially in light of the tight cash position which would show up in those results and ma