Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
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SOLO NO OIL would be a better description since all the assets are gases....They should have changed the name when the new BOD took over as many PI's suggested at the time.
Caddy might get his 0.6 today ;)
They want to change our bloody name ASAP as we going to be marked down like all other oil stocks, time to sell and buy at .37 again lol, seriously a name change would be good, regarding pay us to take it away, I got my van ready GLA !!
Wtf is going on with wti? These are certainly testing times, on a brighter note NG is rising ( but we dont do that either atm, however it's what we would be doing if something happened? ? So we continue to get clobbered.
almost -40, wish I had filled the bath up and accepted the cash.
It hit 0.00 ffs
$1 a barrel lol
They recon oil could go negative. They will pay to have it taken away. Bloody unbelievable
$6.5 a barrel
Barrel going to to worth more than the oil inside it soon wtf
Most up 2% or more. Not a dicky bird.
Just imagine what might happen if we had some (good) news.
Never seems to stop the sp falling when we have none.
Come on the BOD whats happening ?
Think this is a dead duck now and best we move away from this.
I was heavily invested here a couple of years ago but got out pre lockdown at a sizable loss. I got back in a very modest way when it hit 0.5p in early March as the assets seemed so much better than the market cap (generally the only reason to invest in my view). Unusually for me I have to credit the bod for not going ahead with the planned investment in ONE-Dyas, that is looking to be a great decision at the moment. With cash available I think there will be some fantastic opportunites for Solo in the next 12 months.
If we ever get the deal and AEX get their licence I'm hoping to make a profit, take some and diversify further as well as holding a % to see how far this can go. Helium 1 looks like it may be a very good investment ( much as it pains me to admit NR may have pulled off a good deal ). Ruvuma should also be lucrative if only we could get the blasted licence. Solo may do a deal to sell their holding, I'd prefer they hung on to it but happy to see what the board do. Hopefully both will come good, earn us a return and allow some diversification. Otherwise my plan B is winning the lottery ! (Joking - just ).
About 90k. Would like about 20 to 25p to get out with a reasonable profit.
Promise of 20k barrels a day and mid cap status within three years. That was a year ago.
The current situation is no fault of the boards, however, we have basically had a new board in place for 18 months and imo they have achieved nothing worth talking about.
They have sold out of horse hill iow and reef although still not sure about that one.
I read in an article that about 50% of licences are not being granted.
Let’s hope it’s not our one although I cannot see it being granted.
The cash must be diminishing and a fund raising at the current sp if not for an asset addition would be a waste of time.
I would feel a bit more at ease if some kind of update was issued but it seems that we shall hear nothing until something worthwhile materialises.
Not a very impressed shareholder at the moment.
Trrime I am interested. Its a painful experience depending on what % of your portfolio it represents.
In my case I genuinely thought the deal would be done as their assets and NAV far outweighed the development cost. I believed Chris Fraser would get a deal and averaged down aggressively increasing my exposure more than I should, like many many others. An exoensive kesson learned as I lost 75% of my investment and 50% of my portfolio. Now I'm relying on Aex and Solo to recoup some of my losses. The money I got back from SXX is in 3 “safe” investment funds.
I am tryng to add cash from Peer 2 Peer lan repayments ( currently defaulting at 2/3 the interest earned ) and my pension but its a slow process. I am also holding some cash, around 15% of my portfolio but after last few months and in this situation currently, very wary of committing too much to any one thing. Also have savings ( rainy day money I won't touch ) but my stocks and shares which were once about 1/3 of my total wealth are now languishing at about 1/10. How about you ?
Caddy, its volitile times and Aim market is known for its volatility, also the sector is a risky one so you will see huge percentage movements take a look in the risers and fallers every day ( obviously Solo is not for you.
Trimmee I invest what I can when I can - not all of us have large pots if cash to spare - especially if we were “lucky” enough to do what you say and go all in on SXX ( I did held 475,000 shares and lost £54k ),
So forgive me if I try to add what I can, when I can, in an effort to rebuild.
You are perfectly capable of making up your own mind I assume and what I do or say has no influence on you I hope.
Bouncing back after that terrible markdown yesterday by the MM`s !!!
and well done Tom you are a true hero to us all :o)
@trimme. As interest rates are so low, I buy shares rather than save any spare cash every month. As Plus, if you thought a share was a good buy at x price, if it went 20% lower, you must think it is a better buy (as long as your original valuation is correct). In my view it gives a little risk protection against either my valuation errors or market volatility. However, everyone has their own strategy for their own circumstances and risk appetite.
people who are posting on here every day with nothing constructive to say and just commenting on other posters posts get on my nerves too but hey what can we do - oh yeap filter!
Buying in tranches is a very valid investment method trrime and limits risk.
Up and down like a yoyo. In or out ? Someone who is in the know must be making a fortune but how can a share act like this legally????
I thought that up until about 2014 :)
Morning John, up 12% thus far
I will top up again. In for a penny in for a pound.
GLA LTH.
One day our patience may be rewarded.
Par for the course on AIM, an everyday occurrence no less.