Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
He said it on one of the recent live interviews.
Sorry to be clueless, I know there has been discussion on here about hotels etc. but have you already received invites?
Is the site visit by invite only? I am a fairly substantial LTH but via a nominee so I won't appear on the company's list if that is being used to issue invites.
Blockchain is a technology which has significant potential to enable much more secure transactions across the financial world. BlackRock would be guilty of dereliction of duty to their investors if they weren't keeping abreast of it. It doesn't mean that they are about to invest all their resources in Bitcoin.
DT - Exactly as predicted
I'm probably wasting my breath here, but DT have you done the sums?
214 tonnes in 3 weeks means 214 * 13 /3 tonnes per quarter = 930 approx
At a (very generous) price of $20,000/tonne of concentrate this would be an income of 930 * 20,000 = $18.6m
The last WLFE report estimated expenditure of A$28m = $21m for this quarter
So, this would be a loss of over $2m and in practice the price used above is very unlikely. No doubt you will tell me that there is a HUGE unknown amount going to Europe as well but forgive me for being a little sceptical.
https://www.youtube.com/watch?v=VpoYzo0N3W0 - sorry, I know it's naughty but I couldn't resist.
Could you explain why it is all over? Does the company have �130 million debt and isn't making anywhere near enough profit to even pay the interest on that debt? Nor does it have the prospect of a significant increase in income in the future? I'm sure that neither you nor I would be stupid enough to invest in a company in that position.
Have to agree that more could be done. Have people seen the new pictures on the ORM website? Not invested there, but makes it look very attractive.
Seems to be a bit of confusion here. WRES's initial La Parilla target is 270,000 mtu/annum ( 2,700 tonnes, I metric tonne = 100 mtu). ORM's last presentation says the Barruecopardo target is 260,000 mtu/annum. However, neither is very clear as to whether this is (66% or similar) concentrate. But the projects seem to have very similar targets. What is clear is that ORM owns 30% of Barruecopardo whereas WRES owns 100% of La Parilla.
Platinum??
I think there must be a law of conservation of Tungsten investment. As we go up WLFE goes down and vice versa. However, I think that bodes well for the future ;-)
If you fly over LP, I'd start worrying - you've been hijacked! ;-)
It's the short(en)ing I'm more worried about.
I'm just worried that we might fall victim to the pied piper.
You realise all this talk of pie infrastructure will end in tears!
I doubt we'd be better of(f), the project is in its very early stages and it isn't at all clear that it is "bigger" than WRES. However, worth keeping an eye on.
No, I don't think there has been an offer to general PIs, certainly not in the last 6 years. I suppose a rights issue would be significantly more expensive to administer but it would be nice to feel we were being rewarded for long term loyalty when cheap shares are on offer.
OK, i have gone back and read the loan RNSs and accept that they all say the money is for LP and no mention of Regua. I have now calmed down a bit too but am also waiting impatiently for some real progress.
Was the Blackrock loan given with conditions about how it could be spent? I certainly thought the extra $5m was included to help fund Regua. This doesn't smell good to me, I will restrain myself from saying anything more.