Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
That date is by 25th August.
Hope this helps. Thank me/apologise later
"How do you suppose Ecuador is going to pay it's debts and drag itself off the canvas under a low tax pro growth regime?"
See Ireland...currently running a huge SURPLUS with Corporation tax at just 12.5%
Have a look at the Laffer curve, the basic premise is that if you charge 0% tax you won't take any tax and that if you charge 100% tax then nobody would work as there is no point working for nothing. Between those two parameters is a distribution curve that identifies the maximum efficiency for raising tax revenue.
The problem with left wing people is that they simplistically think that the higher you raise taxes, the more you take in tax revenue and therefore the more you can spend. 1970s Britain was not dissimilar to now, unions holding the country to ransom, rampant tax hikes and all that happened was the rich fled the country and we ended up taxing them 98% of nothing, which brought in £0.
The ideal is surely a situation where people feel motivated to work, and for that to happen they need to be allowed to keep as much of their own money to spend as they wish. That is blindingly obvious. If you can benefit from enormous state spending without putting a bean in, then why you would get off your fat lazy backside every morning and put a shift in?
This is the measure that is often used to identify the most prosperous countries, rather than straight GDP. Sure China collectively is the second biggest economy in the world but would you really count that as a success when per head of capita they languish in 72nd place in the world?
Look at the top 20, they're all as you'd expect. Nordic countries, rich Arab states, the US etc. One notable exception is Ireland who are remarkably third in the world on this ranking. That is because they have a low tax, low interference state that attracts vast amounts of business. The exact opposite of socialism.
Ecuador is 102nd with the average GDP per capita just half that of lowly China. Surely a pro growth low tax conservative government could fire them up that chart and make all Ecaudorians feel better off. They need a pragmatic regime not a jam tomorrow regime hoping to fund itself from punishing business and thereby driving it away.
I'd be more than happy to discuss any examples of successful socialist countries and how living in them was ultimately great for all of their citizens. There just isn't one and you know that full well. That is why socialism is a failed experiment best consigned to history. Unfortunately, I think a whole new generation of idiots are going to have to find out the hard way in the UK what a high tax, high interference nation with social unrest and soaring crime means to our everyday lives.
As for your sideswipe at Lee Anderson, he actually represents far more people than you imagine when he tells immigrants that if they don't like our £6bn per annum hospitality they should turn around and eff off back to France.
Just because the BBC doesn't paint this picture for you, doesn't mean that the vast majority of people in the UK aren't fed up with the wokery and immigration. The ambitious self-employed were hit not only by the socialist wealth grab that was Furlough, but subsequently by an enormous 30% riise in taxation when they're trying to recover to pay for socialist policies.
Trust me that when the straw breaks the camel's back arrives (and it will soon), anything ESG/BLM/Diversity and Green will disappear in a flash of violence and unrest. This nation is divided purely because the left cannot accept the defeat of Brexit.
Agree FTJNY, my point was simply that the more conservative candidate is more pro-business and therefore better for those of us trying to make money out of this frustrating investment.
The woke nutters just can't resist the chance to push their virtue signalling rubbish at every juncture, even if it is at the cost of their own investments. These clowns would be better off putting money in charity tins and living off grid.
The sooner we get back to calling a spade a spade and not worrying who is offended, the better.
Socialists largely fall into two categories.
1. "Champagne socialists" - people so wealthy that oppressive tax regimes don't matter to them. The goal of these people is to achieve a moral superiority whilst kicking away the ladder that got them where they are so that others can't enjoy that success
2. Lazy, Entitled or Unskilled people. These people have nothing to offer society either because they can't or they won't. Their version of socialism is to drag everybody down into the gutter with them.
In both cases, the people who suffer are ordinary hard working citizens, people with ambition who want to work hard to achieve a better standard of living than merely existing. People who take chances, buy property, work two jobs, set up businesses and try create wealth. These are the people who are the victims of both sides of the poison that is socialism.
You might consider yourself a centrist but in 2023 anyone a gnat's foreskin to the right of chairman Mao is considered "hard right"
Socialism's fatal flaw is that it believes a system can make better decisions for the people than they can themselves. This is of course open to the most blatant kind of "croneyism" and imbalance of power that you yourself point out. Socialism has failed in every single country in which it has been tried.
Capitalism isn't perfect but it's the least bad system. It at least rewards those who try hard, study hard, take chances and build businesses whilst leaving those who can't be bothered with a more basic existence.
Socialism of course leads to communism and the countries that can be considered communist are China, North Korea, Cuba, Vietnam and Laos.
There is a very clear and obvious reason why people fleeing nations in which they suffer socialism, communism or oppression are flocking to places like the UK and the US and not the likes of China and Russia....they see that capitalism works and gives people a chance in life.
Why would you invest in the stock market if you don't believe in capitalism?
Socialism and communism are failed models that have never worked anywhere, ever. The very notion that everyone is equal is beyond stupid. How do you get brain surgeons when bin men get the same pay and the standard of living?
Human beings are lazy, they need competition to excel and capitalism is the closest/fairest system we have. Work hard, do well. Sit on your backside, then suffer.
Noboa would have been a better choice for us to be out in front, he is more sensible and more pro-business than any socialist candidate would ever be.
Socialism = taxes = destruction of economy.
But hopefully the recent deal sheet for exploitation that included a 5% drop in the main level of tax will still hold if heaven forbid a socialist government is formed. With most of the rest of the world coming to its senses and rebelling with ring leaning leaders coming in, I think we could have actually been a little luckier.
Still time yet in the run off, but the main thing is that we avoided the tree hugging fruit cake.
I bought at 0.34p and sold at 1.10p chuffed to bits that I'd called it right. If only I'd left it run
Then compounded the error not exiting this fecker at 45!
Roughly seven times, which is marginally less than the rise in Greatland Gold from a crumby farm in!
As well as a few who are clearly stumped, thinking this goes to production
It was walked down on low volume it'll be walked back up. Sell in May and go away
September will be as you were and ready to resume
I must add that yes you're correct in stating that they all have more important things to worry about than the climate hoax, but the key takeaway here is that so will the rest of us shortly!
On the contrary, fossil fuel use is exploding upwards particularly in the BRIC and developing nations. China opens a new coal station every third day to power its economy. These people want prosperity and they realise that cheap energy is the very key to that.
When clean energy is cheap energy it will adopted en-mass. There is a long, long way to go to reach that yet.
All it takes is one cold winter with rampant cost of living costs really biting hard as we have to import more and more energy to keep our lights on intermittently and then even the doziest of sheep will wake up to the scam.
At that point, this becomes a mine viable for its gold with copper as a less valuable bonus,
Very interesting the size of the drop-off in support for the eco nutters, proving that the virtue signalling about the planet is simply a passing fashionable thing to do and that when faced with real life problems like job prosperity and crime, people will think very differently.
I'm posting about you because you are irritating everybody on the forum with your irrational, irrelevant and relentless doom and gloom. As the saying goes, if you can't stand the heat get out of the kitchen.
I've posted a few dozen times, ever. Have a look at your own post count.
I'm certainly not the font of all knowledge, but I do possess basic language skills such as understanding the difference between a possessive noun and a contraction. (Clue...it's "you're" not "your")
I won't disagree with the last argument that you make. Sitting next to Quady on a long flight would be a horrendous experience for anyone, but I doubt even he can outdo me after a dozen brown ales, a curry and a couple of pickled eggs.
Rapide et intelligent
premier avantage investisseur
There, done it!
Probably a sideways promotion to the bakery.
I would be staggered if the revamp of the website took anything like the 4+ months we've been waiting. It's just a static website, unless they're putting in lots of cool new features like a bulletin board where everybody is allowed a say