Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
tell that bloke on the left you do NOT wear a collar and tie with a round neck jumper...
nobody be that uncool downtown:
https://www.youtube.com/watch?v=9GnG7R93hfw
That shop man "Cheat you Fair"... they sellin' RMP shares hehehe...
holding 13p average, who gives a toss, life is gooooood.....
kiss kiss
Now showing 6.2 post auction.
13p. Musta been off my chump. Offered 3.5p 13:15. We need daily close 3.6p to put 5.5 in sight. Concerned this rises with oil price and v.v. at the moment... still no fall to 2.8 dilution price however.
...offered me 3.484p having shown 3.46p obstinately for a good while... would like to see daily close over 3.6p offered...
I talk funny and should be in an institution, does that count?
investors"... that'd be me then n'est ce pas?
Looking at the daily and weekly charts, with today's price action, we are now approaching the swing high of sept 11 2018 which lies at 3.6, the highest point in this latest bout of hilarity. The next swing high is 5.5 from 8 june 2015. If one looks at the 2015 action and compares it with the present, the form is quite different, with this latest having a more gradual trajectory, showing a perhaps greater commitment. I would expect this as the opportunity is so much better. If a close above 3.6 is achieved with conviction, the next target is 5.5, as stated. If this is attained, I personally don't see price just stopping at 6, I think the clearance of 5.5 will send it higher on greater volume. Good luck.
depending on your taste in these matters, possibly a fascinating read...
https://www.bloomberg.com/opinion/articles/2018-11-18/bin-salman-trump-and-putin-control-the-oil-price-now
regards
Iran sanctions start today. Market confusion over waivers this am in Asia, but Brent +1% into US open. GL.
Risk back on after Trump mid term election Xi call then possible trade plan fillip. For they call him Manipulo... tho' Brent still can't make up it's mind, a welcome rise here. If there's any substance behind Trump's words and we see a genuine resolution with Xi, I should think this would rise back over 3.5p and then some... gl
I'm looking for at least 10x should the drill be successful, given the price at Puntland, where the opportunity was nowhere near as good as this one...
Some general global supply balance information from Reuters this morning:
"The U.S. is set to become a key source of energy supplies to meet growing global crude demand with innovation in technology and financing likely to boost oil and gas production over the next decade, according to a Reuters report that quoted Frank Fannon a top U.S. energy diplomat.
“In the next five to 10 years, we expect to see improved recovery rates and even a doubling in some of our most prolific basins. What this means in the near-term is that the U.S. may double production, double export capacity and introduce new market innovations,” Fannon said."
"growing global crude demand" ...
2.6176p per share. gl.
Driving the market, this may not clear overnight, caution when buying or selling, await the bounce...
Brent is total crap at the moment, down 2.64% as I type 15:14 today, long with a whole buncha stuff. This has been cruising down with the oil price, so it ain't personal. Algo hysterics are abroad, panic not...
post open auction offer for my holdings was 3.0855p per share @08:14; we seem to have kept some of the late Friday rise and bid is up to 3 for a change... gl
2.95p all day for my shares, then up for the familiar Friday rise into the auction, offered 3.124p @ 16:22. Have a great weekend.
that there will always be Red Emperor shares available just for the taking may not be the best MO, later issuances or otherwise...
keeps holding it back, they don't want it >3...
so I wouldn't pay too much attention to the 2.82 sp quoted here which is lower than the spread anyway... and my lot are not exactly generous with their pricing... gl