Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
Very amateur , sums up the board, no dynamism, no wonder they couldn’t attract major investors
Basically this is a rerun of the Rns that was meant to justify countless fundraisers
Mr charisma presenting..
GG It’s nice to see a fellow blue on this board, do the reds have to return their “we won the league in January trophy”?
Let’s hope for a few blue days on here now !
Lay, sorry hadn't seen your post before I posted
Even when they do strike oil with P-1 it isn't going to be a producer, so they need money from somewhere I suppose to carry on other works whilst they sell on the Bahamas acreage, onwards and upwards I say !
It’s nothing out of the norm for an ex chairman to step down after a short period handover, they will have been debriefing him about cerp and then once they had everything let him go, if a buyer comes in for bpc why would they want him to get a further tranche of shares in any deal? From Leo’s point of view would he like to play second or even third fiddle to potter and co? He had full control at cerp, now he probably even has to get his expenses signed off !
I wouldn't worry about how many they have left, as soon as they get a bit low Mr Potter will shake his magic tree and give them some more....
Predator are having some success with trinity CO2 project, how much of that do we now hold?
I am sure a lot of PI's would have taken up those shares if guaranteed a return
it wouldn't surprise me if the BOD got their figures wrong and they have actually decreased further.....;-)
I stand correct Irene , Gives the BOD life after Percy
I am a LTH here, over the last few months my confidence in the BOD's has waned, I get the CERP deal, that gives us life after Percy, what I don't get is why do a fund raise now for a trifling amount, keeping in mind Percy has been fully funded for quite some time now, (or so we have been told on many many occasions) as far as I can see the funds raised this time around are for the long term (18months) development of ex cerp assets. If the BOD were so confident of Percy then why not wait until the results come in, or we get closer to results time when the SP would or should have been much higher , then we could have done a fund raise on our terms, not with what is akin to a "payday loan"
all my own humble opinion , ready to be shot down by anyone who can put a shine on this current sh*t show
Scar , they haven’t got that cash, or won’t have, P1 is costing $35m , overhead from 2019 to date takes up at least $6m, whatever they have spent on cerp assets ( developing them) and potter slush fund takes up about $10m
Regardless of what they say this is still a binary share, only now we don’t get the chance of a rise both in to the spud and then in to results, no disrespect to you ex cerp holders but I would have preferred it if we had not took on the extra baggage of T&T , raised enough for our drill (which we were told many times we had done) and hit or miss the black stuff, even a farm out would have given shareholders a better return on the sp, never mind the smoke and mirrors he is spouting now about less dilution than a farm, he has decimated the share price
Remember these moments at the AGM when voting on remuneration and bonuses......
It’s going to be toss of a coin I’m afraid, regardless of what everyone says about funding etc etc, the negotiating skills are terrible, it smacks of panic funding, I am sticking with it, I just hope now we are fully fully fully fully funded .........
Final shake of the tree?
If there are rampers on this board they ain’t much good,......