Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
Hi everyone, not been following this share but came across it recently. Is anyone able to sum up the fall in the last 6months+ in a few bullet points? Would be hugely appreciated.
LONG TERM...
The Burundi Project is on track to start producing above BE
New leadership is strong
Willingness to expand into other exploration areas is a huge confidence booster for the longevity of the business
Adonis has a great track record of backing highly successful projects
RRE's are only become more popular and required
US-China Trade war means countries are now looking to acquire their own RRE assets
Hopefully the weather in Burundi also inst as bad as it has been allowing production to operate at peak
New Machinery
Highest grade deposits around
1 of 2 mines outside China.
https://www.google.com/amp/s/amp.ft.com/content/963eb29e-d082-11e9-99a4-b5ded7a7fe3f
Really need to sort their **** out here. The resource is there, they are just incapable of tapping it effectively, blaming rain.... mental. Still feel this is a long term hold and good buy at this price. Hope George can actually turn this around.
From that LIND piece, IMO it seems to me that LIND wouldn't be looking to dump there position in RRE as some suggested when they exercised their right to shares a few months back. This spike is again mostly Trade War driven, however, it would be great to see of RRE can hit their production ramp up targets, because if they do this could be one hell of a play....
https://www.theafricareport.com/15263/us-china-trade-war-opens-a-market-for-african-rare-earth-suppliers/
The US in June said it has held talks with Malawi’s Mkango Resources, though the Mkango operation is still some years from coming into production.