Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
.... fortunately I think the 2 year escrow commences from ASX listing so don't think we can sell till March next year ....I hope .... Otherwise we'll be selling off yet another 'valuable' to some on here asset for peanuts as it's current value is less than £800k .......but I guess it would be keeping to form 😂
....not a ha'pence of difference to their SP which is still trading at less than 50% of the list & 238 shares traded or less than £12 ......they really need to get some drills in the ground 😕
Https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02804136-6A1206476
Evie eve MB .... haven't been mowing...... yet but I've scarified the back lawns to hell & back which pretty much has the same result 😂....disturbed a few slow worms in the process and although one took a short 5ft flight there's been no other casualties....... yet at least ..... haven't got down into the dip & trees yet to check on the path I carved through it all last year but the deer will be birthing soon so I'll hang on for a couple of weeks as the same doe has used the cover as it's nursery the last couple of years .... other than that been out & about as usual trying to find plants the deer won't scoff whilst feeding the birds & hedgehogs .... take care .... tomorrow's another day & who knows what that'll bring 😁
...should say that's all in my opinion obviously & selling my recent purchases depends very much on the reasons for amy significant rise ..... just gotta make sure I do it before they probably raise on the back of it ............again 😂 .... the response received by you @Struv made me chuckle some I have to say ..... they find it difficult in current markets to raise funds so as a result give over 9% of the company away (+ equivalent warrants) at a ridiculously high discount ....although ultimately again it's the fault of those that voted for the resolutions at the last AGM - you gave them the permission to do so rather than coming to us & explaining why they needed the funds & potentially raising at a much more reasonable SP without so many warrants ..... still as I said that's on the shoulders of those who approved the raising capacity & pre-emptive rights resolutions.....ho hum another glorious day here so out in the garden soon & Tennis later 😁
....view it as you wish @ Struv ... only ever said it as I see it .... just most people don't like historic facts getting in the way of future hopes & delusions .... I've been saying for ages that Amapa is our last chance saloon & said it again yesterday so haven't changed my position..... it's a shame that people's hopes and wishes get dashed on the rocks of Cadence (nee REM's) failures but there you go it is what it is.
but indeed yes I loaded up over 400k recently specifically to offload into any rise (if it happens) for a quick 30% / 40% but I have more on an average in the mid teens that I'll feel better hanging onto if I can get some decent profit on these last purchases .... AIM shares are not for long term holders & if you can see a potential quick 30% anywhere best thing is to grab it ....done it recently with 2 other AIM shares & gotta say it feels much more rewarding than the last 12;years of hope & failure here.
....& I'd take getting offered 3.5 for 300k can't be a bad sign, as I said I don't think our placee are selling (at the moment anyway) & if they're prepared to take 300k they should be confidant of moving them on you'd hope ...... seriously though news from Amapa could come at any time for any number of reasons & whilst potentially disappointing I'm hoping otherwise or I'd have sold rather than bought recently ..... Chin up we woke up this morning & it was another fabulously sunny day here again today 😁
Oh I hadn't realised positivity & enthusiasm were time limited to 10 years 😂...... though if our BoD had made better investments, better choices & not backtracked on statements made the wait might have been somewhat more fruitful & bearable huh ....
Oh dear @ Jimb I guess it falls to me to ease your disappointment & despondency ..... if it helps you weren't the only one taken in by we're not going to consolidate (we consolidated) we're not going to raise at this level (& we raised) ....to be fair though it wasn't at that level it was much much worse .....but you're not alone many have arrived singing songs of sixpence & huge gains over the years and one by one they've given up after repeated disappointments .....
But genuinely on the plus side I do not think our placee has sold down much (if anything) which hints to me they might be holding & that might be for a reason oh & don't forget the BoD options at 29p ..... OK that last bit was a bit of a pizztake as I can see any decent rise being sold into .....heck I even just grabbed 400k @ an average of 3.6 specifically to do so, first time I've bought specifically to sell into a rise but figured if you can't beat em join em eh .... I'll hang onto the bulk of it as my average on the rest is mid teens so might have to wait a bit to offload the bulk ..... but hopefully we'll get a buyout offer before then anything 15p+ would get a yes from me right now ...how expectations have changed 🤷🏻♂️
£2k buy in rules me out of the seed financing though - just haven't got it to spare currently....
Available on HER website :
https://herenciaresources.com/
......my shares are still held & showing on II so hopefully I'll just get a message through them .... if/as/when I hear or see anything I'll post it up here that way hopefully we can all make sure we're all in the loop ...... no idea what's coming but I suspect it'll involve us coughing up monies.....
Hi @TC my reading of it was that we had a total holding (according to the EMH schedule) of 5.74% of which a portion is also shown in the BNP Paribas total holding .... I had another thought that maybe our OZ holding was held by BNP rather than ring-fenced for the MEZZ loan but to be honest I don't really know ..... I don't believe our own RNS's holding is incorrect but I also find it hard to believe that the schedule one issued only yesterday (& today) should or would be based on our of date information......so am a little bit perplexed as to what the correct position is, however inclined to think it's 3.2% from ours .. .either way one the RNS's is factually incorrect in terms of our holding which is a poor show IMO ......I blame the person sitting on both boards LoL 😂
"Indo Sino is a trading company that has taken the lead in the fundraising process. CADENCE MINERALS PLC, in turn, is a publicly traded company, specialized in investments in mining, with success in restructuring projects in the area around the world."
I think I might senhem a request to provide
...our potential JV partner they can be found here:
https://www.asx.com.au/markets/company/emp
From their announcements on the JV I think HER may be coming cap in hand to existing shareholders to fund this ..... time will tell I guess 🤷🏼♂️