Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
I sold out... held on the drop much longer than I would normally because I thought it was just the general market malaise but when the last RNS dropped I got out in the 30's. Luckily I traded some in Jan so the loss wasn't as bad as it could have been. Wouldn't rule out buying back in but there are questions that need to be answered before I would commit any more funds to this. I am not in any rush.
-31/3 March there were 107.6m shares in issue
-112.7m now
-Sprott held 8.74m (8.12%) on 31/3
-Cannacord 9.99m (9.29%)
-Arconas 5.56m (5.17%)
-5m warrants exercised since then
-last holdings RNS 14/10/21 Huddlestone drops below 3%
If Sprott exercised all of those warrants he would now hold 3.7m circa 3.2% so no need...yet...for a declaration but getting close if it's him?
'· Given the challenging weather conditions, the Company intends to convert all its primary internal and connecting road network, c. 50 kms, to metalled concrete or black top roads, studies for which have been initiated.
· An area grader and bull dozers have been added to the fleet of mining and earthmoving equipment to enhance and maintain the road network.'
this one is a leaky ship .....
'Construction of the Sahamamy 18,000 tpa plant has continued but completion has been delayed by three months due to the difficult weather conditions and commissioning is now scheduled to start at the end of September 2022.'