Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
The guy possibly like me lives in wales. Because of the lay of the land water collects very quickly but it also drains at a phenomenal rate. There is a saying here. Never come to wales without bringing your raincoat. The streams and rivers often turn from clear to really dark as sluices have to be opened regularly. The rain here this summer has been phenomenal. By the way I do hold alba shares and am hopeful a solution to dewatering can be acheived.
Thanks for all the feedback everyone. My Friday flutters and gut instinct to hold rather than sell any means I can now breath easily. Not sure what the s.p will do on Monday. But I think in the short term it’s irreverent.
However given the comments on telegram on Friday I researched the terms mentioned about mm’s support for bid ect. So perhaps they knew what was about to happen. It was an interesting day, and also reading this board today. thanks to those of you who attended and are giving feedback.
Thanks to all that voiced their opinion. Last minute flutters I supposed as I am now retired and money is not so flush as was. Anyway, what I have developed over time is to picture in my mind a pair of scales to which on one side the negatives, on the other side positives. On this issue (placing) did not get a final conclusions. So thanks to all who replied. I will still be reading this board next week and for quite a while yet I hope AS I have held, and did vote via my broker. GLA. TO PREM HOLDERS.
If as we all hope, either Prem and Canmax have resolved their differences, or GR has another card up his sleeve, such as another waiting in line with a JV.
If that is the case then it would seem a waste of share dilution, everyone’s stress levels, going to arbitration, and our wealth as pi’s, if GR goes for a placing on Monday? Any thoughts on that one?
Options.
Canmax want back in. Deal is done.
Canmax want back in but GR does not want them. Deal not signed.He has an a) another in the wings ready to sign.
GR may not have updated us or the market on SC6 progress or plant updates because he prefers a) another partner.
Prem is producing SC6 and produce ready to ship and sell at market price. GR does not want nor need an offtake partner. He can at last gleefully say. What you see is mine. All mine.
Good news on finance or bod’s buying new shares usually means a price rise. Perhaps a raise in sp buys him more scope to get that SC 6 on line and sold.
Any other options?????
I take it that results even if known during the meeting it will be available to us all via rns early next week? One thing that annoys me is that those who attend (and by this I am referring to II’s with lots of money which in the case of good news the sp may open next Monday out of reach for many PI’s. I hope I’m wrong as this is an assumption on my part not knowing the inn’s and outs of the market. ??????
Manufacturing Lythium hydroxide is a complicated business and if you research it also expensive. But the product is out there. It may be a while to perfect but the outcome is worth it.
Lithium hydroxide converter investment costs, Tianqi versus Ganfeng.
Apologies just scanned the posts too quickly. Didn’t realise the conversation was re GR loan. That’s already in the public domain. I don’t have dementur yet. Just a chaotic day today.
All I can contribute is, chill, have a good week end all.
Good post Medjed.
No one goes to court without keeping some powder dry. Good analysis.
Let’s hope things stay friendly and there is a good outcome for all. Including Canmax as they had to take out a huge loan to cover prems expensive plant. Here’s hoping.
For those questioning whether the rns is genuine or not, all I cAn say is for some reason it was not posted first thing yesterday on the LSE stock exchange at 7am. However after reading the b.b I checked later and it was there, in bold at the top as the most read rns of the day. Why it’s not posted on this and other b.b’s I guess that question can only be answered by the platform those here have their shares with.
Apologies, got yr name spelt wrong Robin.
Canmax have given notice to the agreement agreed and signed by both parties. Canmax will not be due anything else re offttake ect. The only thing I could foresee is what Canmax have to pay on the bank loan. They may try to force that issue. But that’s peanuts compared to what prem will have in the bank post voting.
Yes Robin.
Take a look at RBD. Bit of a hopeless share.
They faced a hostile takeover. The shareholders voted the takeover out the back window and into the bin. The bod are now buying back shares. That’s all GR has to do later when in production and selling. Buy backs raise the share price. And anyway, what’s 0.04’s or more compared with pence per share when in full production.. A no brainier.