Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
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Isn't P/E more like 3.7??
Revenue and profitability up, will improve the underlying balance sheet of GUN and we will soon see this reflected in the SP
RNS in 2025?
No placement, just a P&D. This time next year Rodney...
I think the investment case here is clear. Previous $1B market cap at now a fraction of that... "If" a sale ever happens it's an overnight 10 or 20 bagger. Lots of investors are attracted by those kind of returns. Although, the reason not to invest is equally as clear. A BoD who stay silent at all times, no progression on said sale, possible complications for any sale to go through being the assets are in Russia and a BB full of children calling each other names.... Maybe if the children stopped shouting for a short while and the investment case was able to presented over the nonsense some newbies might open a position
You'll be waiting a lot longer yet
Weakness being bought at this level. Traders looking for spike back to 120 no doubt but supporting the SP nonetheless
All I see on this BB are people arguing. No one trying to inform new investors or write the bull/bear case for the stock. If EUA lives or dies is not the focus of most here.
How long until KEFI run out of cash and have to raise... again?!
Amazing what cash can do... Imagine how much more activity they'll be when Cas is fully utilised.
Winning the case is one thing, getting paid another. Who enforces that the payment is made?
Looks like it's heading back to 70's and staying within a rage until actual news...
A return to 30p seems logical in the short term. Better to buy here for the long game. The SP should react positively on news of sales so the end value can be calculated more clearly. If several of the early assets get 70/80% of NAV then the SP should move up accordingly.
If they find something in the cretaceous this won't be 150p... More like 600p+
No one can predict 2/3 years down the line but the odds are in our favour of a hefty return in that time frame. With cash flow and plenty of drilling targets chances are they hit something else Cascadura like, and an Oil deposit to two, maybe something big in the cretaceous... who knows
They said they'd only continue if initial perfs went well. So expect they did and they're trying to bring well up to target production. 20mmcf would be good, 30 better. They could do 70+ with Cas St1 and Deep alone. Then bring production up to 120/150 with C wells. The wall of cash is coming!!
Do we even know if they are still trying to sell? They word RNS's very vaguely... Phrases like: "active discussions are maintained with counterparties based in Hong Kong and Russia, but as yet no terms have been agreed and, as ever, there can be no guarantee that Eurasia will enter into binding agreements." - which basically means they could be talking to a few people about possibilities but with no real interest from anyone.
No news anywhere, on anything? Anyone got any idea?
Why? short selling is just a bet in the opposite direction. You can't be short a good company that delivers. Better to petition for better regulation of AIM to stop 'lifestyle' companies existing.