Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
Magnum, I was of the impression one only needed 5% of the votes to call an EGM. I think shareholders had some expectation they would have at least issued a corporate update within the quarter. I wonder whether they are waiting a little bit longer in order to comment on the court case maybe.
I attended virtually and asked a question I thought up during the meeting purely to justify going. Christian answered. I guess they only answered live questions and ignored anything typed before Q&A started. Not sure if technical issue or question dodging.
If they have no chance of being on time they will probably change the year end by 1 day in order to extend the deadline 3 months. That would be preferable to suspension. They would wait until the eleventh hour to do this to maximise the 3 extra months. The year end in practice will still be 31 Dec even if it’s 30 Dec on companies house.
About 540k. Added 121k since the war started. I’m assuming the legal clock restarted at some point so basing my investment on the deal completing late summer. Anything over 50p will do me. I’ve pretty much thrown the kitchen sink at this. I’m confident in the company to get this deal over the line.
It’s already massive Ian I’d say. Punter can’t see it. All punter sees is more reports needed / goal posts moved back. I’ve been adding since I bought in 6 months ago. Quadrupled my holding. Just my thoughts on why we are edging back.
Each RNS offers an insight into how close the sale is. That I feel is what 95% of punters care about, not NPV’s or mining plans. This one appears to move the goal posts back. That said, there is no reason the sale RNS couldn’t drop at any moment.