Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
My view is there won’t be a 5% agreement for the middle of Feb, I reckon NCM will give their number but I feel SD will try to buy time and draw it out as long as possible (possibly to as he mentioned arbitration)…. Unless the NCM deal is really above his expectations. I just feel it’s in our best interest to draw out as long as possible as the resource just keeps growing. I’m likely wrong and the process may force our hand, hope someone can correct me if this isn’t a possibility? Either way this is going to be a real positive couple of months.
I agree we need to manage our expectations some of these numbers are setting expectations very high (really would love them to come true), but can we not just accept that whatever is agreed is FMV… rather than bouncing guesstimate figures about (positive and negative). At the end of the day our experts have all the data and a procedure template to follow that will also factor in elements of the unknown, rather than us lot setting expectations that mean what could be great news is perceived as a poor FMV.
Absolutely, if nothing has really changed by the AGM I think it may be interesting, hopefully tomorrow we have some juicy news that has a positive impact on share price otherwise I think it may be a little awkward.
For an expert or someone far more knowledgeable than me. How deep are the aquifer levels in Havieron (im struggling to find anything)? I’m guessing this is the difficult part of the decline as a result. The last update was 211 metre decline, last nights NCM said 237metre …. Guessing we must be approx 45-60metre deep).
Just registered for the AGM in December…. Will definitely be interesting, I can’t see SD doing this and coming to that AGM without the reasons being realised by then… I.e the price recovering to at least what we currently are and having £7.5mil to boot. I think this is negotiated by some institutions to get a cheap batch and whatever else in the panic…. Then watch this bounce! (Especially if the short is closed… which I suspect it will)
Question…. Is there a vote in AGMs on CEO’s? If so it gives me more confidence the good news is to come as a result of today’s raise, before the AGM
Hi, does anyone have access to a cut of the ownership stats? Would be nice to see how much change there’s been between PI holding, II’s, etc. I’m guessing PI percentage will be shrinking slowly? On the note of current price drop, it keeps doing this… rinse repeat 16.5p-19.5… I’ve been tempted to play but nervous that time is getting closer to when this won’t happen and the price will be in high 20s before we know it.
Here we go with your 3-6 posts '1 month old dodge account' you won't last long here, believe me.... Spreading FUD - fear uncertainty and doubt - over the bulk underground, because that's essentially the only unknown left that such disingenuous posts can target.
Last year we had months and months of tecnhical FUD with the GreenTool and others - who said Havieron would never be economic... but here we are 12 months later with a gigantic starter deposit, a $50m decline going in, and $50m GGP cash funding to DFS, and a published phase 1 mine PFS to take to the bank ... so NCM can get ore to Telfer ASAP.
You may be able to confuse and scare the un-researched with your manipulation, but you cannot touch Bamps or me.
For the rest of you MrBig is a skilled and devious operator who last night was attempting to exploit an ostensibly clever argument. The posts were subsequently removed this am. For the correct reasons.
What he/she was trying to do last night was apply NCM's conservative, underground stoping phase 1 mine operational costs @ $84/tonne - actually $81/tonne according to GGP using the correct exchange rate to Bulk Underground production.
The first Stoping operation has naturally has lower volumes, due to the inherent volume limitations of the Stoping technique and higher costs - ore transport to surface limitation, requirement for drill and blast / explosives, and extra material handling, and subsequence labour in back pasting costs )
But you cannot apply this to the anticipated Bulk under ground block caving grades of the larger scale deposit where the cost per tonne would be circa $25-27/tonne
This is a totally and fundamentally inappropriate comparison made by BiggL - It's like comparing two completely different company cost structures, AND specifically designed to imply that anything under 1.5g is likely to be 'uneconomic'...
And It's total BS becuase we ALL know that Cadia is economic down to 0.4g/t Au... specifically due the bulk efficiencies of the operational costs.
And very much like comparing and interweaving the cost structure of building Ferraris directly to Ford Fiestas -
IE both make massive profits, BUT in TOTALLY different ways . Obviously You cannot make a profit building Ford fiestas in the way you build a Ferrari though. That would be loss making.
That's the best analogy I can come up with. And that is the tactic of this poster. Always Happy to smash them into touch.
Expect Multiple shorter accounts with a very obvious agenda.s
Regarding bulk underground : The only question is will this be a block cave or a more selective sub level cave...? Anyone with mining nouse can see that.. The grade in those breccia are nothing short of sensational. And a mine in their own right.
I get it that it sounds like a daft question… I think it’s more that I can’t grasp the size of their issue. I’ve steered away from CFD for that reason. No hydrogen, never experienced a short squeeze {winky face}.
Question, please no one shoot me down. Why are shorters in trouble? Can’t the short just be closed out and bank profit, or pay up any loss? Or is it not that simple, is it more difficult when the tide is turning?