Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
The Record of Decision has always been slated as Q1/2023 but one analyst did expect the decision to come in February 2023. A bit racy but press reports did say the Judge wanted to make a decision as soon as possible (but they all say that anyway...)
From the Investormeet company
baf3: They did confirm my suspicions. For example Trimate are not capable of paying their full cash payments. The rest is being accrued in the hope that Trimite turns the business around. Duke effectively warned that in the case of individual losses they believe they will be able to maintain the dividend going forward.
CaneToad: The whole point of corporate royalties is not to take on something that is high risk. Whilst it was a concentrated portfolio in the early days I don't think that can be said today. 11% is the highest single contributor and that will decrease with time.
So we can expect one or more new partners in next 3-4 months and one or more buyouts in next 12 months.
Of course, whilst buyouts are good in the short term for Duke shareholders it does mean the better quality companies leave the portfolio.
Was interesting discussion on the NAV. Basically don't expect much change in NAV over a long period of time; it's not their focus. Their focus is purely on increasing the dividend.
Was good to get two of my questions answered in the presentation but given how few questions there are I can only suppose investors are that interested in the company; which is often a good sign!
hTTps://www.youtube.com/watch?v=5ueDUvoL2YA
TRR / Shares Investor Presentation from 28 Nov 22
Yes, company accounts do tend to lag a bit but not excessively so. It also reflects the conditions under which DUke continued to fund them at the time. so I suggest you look harder.
Also note that currently 94% of companies are actually paying Duke, which is 3% worse than at FYE22 at 97%
If you review those companies in the Duke Portfolio which submit their accounts to Companies House many of them are in very poor health and with some openly saying that they are not a going concern should future finance not be available from Duke.
This also aligns with Dukes' statement yesterday in which they say "... opportunistic in taking advantage of the current market where we are seeing other lenders pulling back from making new investments." If other lenders are pulling back then that indicates to me high risk.
This https://www.gov.uk/government/publications/autumn-statement-2022-energy-taxes-factsheet/energy-taxes-factsheet provides an example table of the different elements of the levy/allowances.
It should provide a small improvement for JOG overall; However what is more attractive for JOG is that the end date has been substantially extended to 2028 but no doubt the oil majors will want this changed.
"This is why we will be consulting stakeholders over the coming months as part of a review of the UK’s long-term tax treatment of the North Sea after the Energy Profits Levy ceases to ensure the regime delivers predictability and certainty, supporting investment, jobs and country’s energy security. The review will report by the end of 2023."
https://www.gov.uk/government/publications/autumn-statement-2022-energy-taxes-factsheet/energy-taxes-factsheet
Hopefully a more useful post.
https://www.youtube.com/watch?v=YMWX1r_q7uE
CEO Adam Davidson presented at a Mello Monday event, updating existing and potential shareholders on their Q3 Activities Update.
You are making the assumption that you need Somero products to lay flat and even flooring. It's something of a myth generated by retail investors over a number of years. There is no requirement for such equipment. If there was, then even in North America sales would be 10 or 20 times greater than is currently the case.
Somero offer a very niche product requiring customers to have a very specific set of circumstances to consider their machines
Two updated brokers notes can be accessed from here:
hTTps://*********************/research/37_2022110103150121670/referrer/GB00BF7J2535/uid/ (Tamesis)
and
hTTps://*********************/research/899f34f1-4426-4f50-a32c-e63c4cdb67e7/referrer/GB00BF7J2535/uid/ (Shard Capital)
also, today at 3pm GMT there is the presentation accessible here: hTTps://www.investormeetcompany.com/trident-royalties-plc/register-investor
https://www.reuters.com/legal/us-court-sets-january-2023-hearing-lithium-americas-mine-suit-2022-10-06/
A U.S. federal judge has set a January 5, 2023, hearing for a lawsuit over Lithium Americas Corp's (LAC.TO) proposed Thacker Pass lithium mine in Nevada.
Opponents of the mine are asking the court to overturn former President Donald Trump's 2021 approval of the mine, whereas supporters say it is necessary in the fight against climate change. The Vancouver-based company said last February it expected a ruling in the long-running case by this fall, but Thursday's announcement from Chief Judge Miranda Du means a ruling is not likely to come until at least early next year.
GLG Recent history (A shareholder dating back to Feb 2017)
Date / Shares / Percent
6/10/22 42,532,535 5.000673%
24/8/02 N/K <5%
27/5/22 46,846,832 5.507837%
27/4/22 46,993,572 5.525165%
9/3/22 43,302,685 5.094154%
11/11/19 659,776,614 <5%
Get your broker to phone them directly. GBP100k is not a problem, let alone 50k
If you are dealing at that level then it's time to ditch cheap online broker and go for a full service broker to work your order. Your savings will more than pay for a proper broker.
The goal is to get the housing problem fixed but where the lawyers believe the tenant is entitled to financial compensation, because the problems they have experienced have not been resolved for a considerable amount of time and have resulted in suffering then that is where Bond Turner make their money. So Bond Turner would aim to only proceed with those types of disrepair cases.
There is an implied threat of delisting the company if shareholders do not vote the way management want.
There is no meaningful infrastructure to transport gas from US to Europe.
USA and rest of the world are two separate markets; hence the huge gas price disparity.
This is a multi year problem; new LNG infrastructure has to be built in USA and Europe, new LNG ships also required. Not sure any one would seriously invest in such infrastructure with a 20 year investment period when current situation is a short term issue. Easier for Europe to invest in its own gas resources, renewables etc.
Congratulations. you have mastered the art of posting links. You must be proud.
Next target is posting something useful within the context of Trident Royalties and, just for an extra gold star, providing a precis of the link with some of your own comments/reasoning/query.