Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
I am finding it very hard to come to terms considering the facts that 1) we had an offer from SEPLAT & 2) The Company never asked shareholders to put in more money. We could have raised enough to pay bond holders for next 1 or 2 years. This is what most of AIM businesses do who are not profitable. Also does anyone also think Afren have stayed true to their pathetic nature...The RNS is tiled as Corporate Update seriously terrible people...all we can do now is curse the previous BOD, and rely on divine justice. I genuine wish them worst in their lives.
I am little lost in your long message....I would assume that problem you guys might have would be sharing WW message....the least I can do is offer my unconditional apology to you guys, and accept the message could have been inappropriate....still if you guys feel legal action is most appropriate option for you guys I can give all my details..
As we have all been informed that TW is official spokes person of ASOG I would like him to answer below question: 1. Does he and / or ASOG committee support petebo call for legal action threat against me ? 2. ASOG has claimed in past that their position regarding Afren reflects majority of their membership. In support of claim we have been told that not all members post their view on BBs, but they receive lots of personal emails. To prove the claim why can't ASOG share those messages with its membership, just like ALAG do from time to time.
I asked them what are their three achievements since inception, and why they have never released any information to their member's despite categorically saying they would do so. one of them came back with threat of legal action. Surprising ASOG members who are so much against legal action by shareholders towards company, but are very keen to use the same threat against a humble PI. I think members really need to think whether they have empowered the right kind of people. Some of the committee members are behaving like third world democracy, where poor people vote vote for the govt only to be exploited by the same govt which they elected.
In any case he is a person with wounded ego after AGM, and then EGM episode. He will cause more harm to shareholders than cure. Already Afren's board is almost nonexistent after recent exodus (garbage cleanliness drive by SHs), and SHs are pretty much reliant of this one man show. After Malcy's blog I don't think there is much doubt on wrongdoings at Afren, he is a respected blogger and generally avoids using harsh word.
He is definitely not a social worker. Therefore, if he doesn't have confidence of shareholders the most honorable thing for him would be to resign from position. Make no mistake he is a part of problem (or you can call it scandal), and is there to play a role scripted by his masters. The previous management have already played their roles in this drama, and departed as per script. As par as previous question from one of ASOG representatives is concerned regarding AL I would say no one is indispensable in this world. They are numerous professionals looking to take up challenge in life, and I am sure Afren can find one. The more AL stick to his position more suspicion will grow about his role, specially considering he has been engaged with Afren as consultant. Need of the hour is a leader who can be trusted, not the one with decorated past history.
In my honest opinion time has come when all shareholders must unite under one umbrella representing their true interests / sentiments. Knowing or unknowingly ASOG doesn't represent true sentiments of ordinary shareholders, and their mere presence is a diversion. The hundreds of PIs empowered them to represent them, and all they was holding secret meeting with Company. Its beggar's belief that they never revealed any part of their discussion with Company full or part despite categorically saying they will do so. I can understand not everything can be disclosed to everyone, but at the same time always there are many things which can be disclosed to holders. Can someone from ASOG list their three achievements since they took over command.
After all this chaos and mayhem, I would be surprise if anyone is feeling overly optimistic or building castle on air (such as SEPLAT bid etc..). We are on ventilator, and must consider ourselves lucky if we can get 3P / share. For me administration is most likely scenario.
still surprise people invest in company run by him.....look at what he has done with RRL, by now he should be behind bar or atleast barred from running a listed company.
for painting negative image of company without being a holder or even considering to hold shares. This company is run by one of most ridiculous executives interested only in lining up his own pocket i.e. Peter Landau. My sincere advice to people who dnt know him they should not even consider investing any money. No one would benefit except landau himself and his cronies.
Those thinking of investing in this Company must check PL's background and his past track record. Its not about his competence its about his honesty and integrity..
we wouldn't hear anything for next 6 months....still hard to understand if it would lead to liquidation..
somehow situation is similar to ANGM..........i guess all assets will come under control of subsidiaries and parent companiy's shareholders will get nothing...it looks like that was the reason of forming subsidiaries in recent times..
would have loaded more.......just bought a small holding and put more in Sefton.....anyways GLAH may be we will see 1P seen.
Don't have much idea, but heard from few others that some shares are traded on other platform beside LSE. Perhaps at present trades are not going through LSE.
Figures not true...bit strange why my trade has not appeared here......i purchased about 800k shares today..
with their pants down......njoy the ride to 500P....