Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
I do not understand why people are still selling this with all that is ahead :-)
I was impelled to point out the obvious,yesterday you guys were posting every few seconds on how this was about to increase a billion per cent,then today huge sells and silence,i think the two connected lol
For what it is worth Baron do have a shot at glory,but not the way it is being described and ramped here IMO
All i am saying is what is the actual cause of the delay,we have a financial partner that is being offered a huge money making opportunity but they have taken every chance to stall the sign off.Could it be they love the project and the fiscal reward but dislike something about someone involved ? a trust issue ?
Join the dots and you will see what i am saying could be the real situation rather than what we would like to believe.
Continued :
It is the rewarding of failure though that is perhaps the biggest kick in the cahonies,there also appears no logical mechanism to remove bad management here.How on earth can this continue,if we are still in this position in the year 2032 do any honest shareholders admit they should have acted ??
It such a shame what we are seeing before our eyes now,and this from someone who is a long standing bull of Kefi.
I see all the loud cheerleaders of yesterday are now very quiet ? and by coincidence a series of large sell trades appear !
Nothing ever changes :-)
The benefit of removing ARRY right now could be life changing for shareholders,it could actually be the case that he is the problem in the sense that certain parties and certain funding partners do not simply trust him.If say for example we had a new appointment as CEO,someone with a record of delivery and competence,with regional and governmental expertise it could make the difference in terms of speedy sign offs and even future deals.
As someone who has previously defended the guy to the hilt,i do find myself somewhat in the harry out camp now because we simply cannot proceed another year in this vein.And lose such precious time anymore,in reality could a more competent CEO have already had us up and running at TK and giving good dividends ?? i think the answer to that would be yes most likely.Hence the frustration of the current death spiral.
The elephant in the room has always been the stability of ethiopia as far as TK is concearned,and the level of mis-trust of the inherent corruption of the political class there. Harry has tried his best but ultimately he has no control whatsoever over the appetite for risk in such a jurisdiction.My gut feel is it will happen one day but we also have to face the stark truth that it might not for the above stated reasons.It would not be the end of Kefi by any means but we will not get through it easy without fresh injection of ideas and a reliable source of capital ( aside from confetti manufacture ).
Harry Adams only has a short time left to get this over the line or the clarion calls for him to step aside will sound louder than a vuvuzela through a megaphone IMO
It does seem we have shorters at play here :-(
Not what we wanted at this key time.
Nicked, no i have just been thinking reality is kicking in here, i am still a bull for Kefi but doubts over harry,s abilty are now front and foremost in my mind. I have given harry the benefit of the doubt for many years now but my patience is wearing thin now. By the way i do not trade shares like this,i have a long term investment here that is now just barely a few k,s in profit but i will not sell at this low level. The only thing that would genuinely cheer me up here would be a big top up at sub 0.40p to be honest,just to reward my longevity here if nothing else.
Dv, i also see that happening too,i am very nervous that something is going to be announced we do not expect and it not good,it would be final straw for Harry in my opinion. Trust has to be key for a company like this,even the Nomad must be spittting feathers at moment. All imvho
So far we have been led to believe that Saudi is a world class asset,but if harry is with-holding bad news on latest results i will not forgive that ! And that would be the final straw in his tenure at Kefi in my opinion,we would not be able to continue with someone at the helm who is totally un-trustworthy.
I am now getting nervous,and i hope this latest short attack is not connected to that scenario
I cannot argue against that Fantasy to be honest, one step forward and two back has been the way here for as long as i can recall. And harry is on thin ice with shareholders for sure,i have defended him in the past suggesting he was doing best in difficult situation but now i am leaning towards replacing him with a high profile CEO with good track record,if nothing else it will regain some market confidence at a time when we sure need it.
Harry Out !
DV, yes we are late on that update ,and maybe why we are dropping now to test lower support levels., shorters do not need much encouragement to do their thing with Kefi IMVHO
Come on Arry give us a shot in the arm !
It is a shame that we appear to be subject now of a short attack just as we needed some calm period ahead of newsflow, however if we can stay above the key 0.50p support we may be ok.
Harry could be playing a shrewd game here, one in which kefi will be sold on the cheap and he retains a key position in a new outfit with deeper pockets.
There seems to be abit of a mini dip on the wider markets today and POG which will drag most gold stocks down , so if they take us down to 0.52p again i will double up :-) if they take it lower all my xmas,s will come at once !
Yep i have a strong hunch that is exactly what will happen here ,harry could be retained to ease the projects through but with proper backing :-) and a good salary to boot.
Mr P, well they are certainly very large and un-usually big buys that seemed to have no effect on the price as such except kept the bid at 0.56p strong. I think its fairly obvious that Kefi is being looked at for a T/O possibilty because quite frankly there is nothing of equiv size and quality in this market that could be snapped up easily and provide such a profitable forward investment to the buyer. We know the two most likely buyers would be either Allied Gold or Newmont Mining but also do not rule out a stalking horse type buyer who could nip in from under their noses and grab us with a tempting offer. For example a generous buyout offer per share and also a bonus of say 1 for 10 shares in the new company,to give holders the abilty to gain further from the prized assets.
Food for thought ? we could be in for a very exciting ride here IMVHO
TradeDisc, its ok i will not be posting here anymore it is like watching paint dry through binoculars lol , even though we are about to get a huge re-rate i will be elsewhere speaking to decent human beings...not electro bots with attidude ha ha
Good bYEEEE
Have no more to say to a bunch of digital pre-programmed text bots, so good byeee and enjoy your munch lol lol
Like i said anyone who has anything even merely positive to say on here is shouted down and abused by the same bots - we can see you all in plain sight. Admin should remove you IMO