Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
EUA could be a contender in 24'... where is this sale?
I agree with both of you. I've been a TXP cheerleader for some time but how can I now sell this company to other investors when with every communication they change what they say. I've retained some of my holding as I do believe in the assets but I feel a change of leadership is now needed to bring confidence back. Amazing how with the potential upside Cascadura alone has PB can't get the SP above £1
I've reduced my position Johno, I'm not short the stock. I was over exposed for this level of volatility and my remaining 40,000 shares would love to see 92p again. So don't think I'm willing this lower, I'm frankly a bit pee'd off that the goal post keeps moving and the only consistent thing about the information is that it's inconsistent.
No, their guidance next year is to target 90, which they need 2 extra wells to come good to achieve... You will not see 200mmcf in 24'
Really g*y
Margin was their biggest hurdle previously. They need to employ resource to handle those bigger contracts so more revenue won't necessarily help unless they've worked more margin into the deal. Next set of results will show more I believe
Well put Sturm.. The big movers will be further drilling. If TXP achieve 200mmcf by end of 24', 25' will see them drill the cretaceous targets (perhaps all three in a row). If they hit a winner, forget 3CAD, more like 10+ :). That's why I'm here, I see minimum expectations as multiples above this price with the best case being many many multiples above this price.
"Markets can stay irrational longer than you can stay solvent" comes to mind. Same way I don't understand Nvidia being valued what it is (albeit for the opposite reason). I guess trust in delivery, or just impatience? Your guess is as good as mine aligator
Good time to buy. Spud for Cas C begins Jan and there's a pump on Royston as we speak. Things are about to get spicy to the upside. I imagine buyers now will at least bag by end of 2024, maybe much much more
Canada opened higher... thank god!
Andreyyyyyyy you can have my shares for £1, not $1 but £1. Let me know if interested?
There's been a dilution since so 900% unlikely but best of luck too you
Make that 3. Solid buying now. This could recover very quickly
Https://discord.com/channels/905360262520004648/1140933133718540428
Lots of good things coming up. Rumours of new gas deal at higher prices too! So many upcoming triggers
Rumours are certainly swirling... looks like it could be a good Xmas after all :)
Train is leaving the station... choo choo
At 92p I'd fully agree, but down here at 50p I think this has priced in the disappointment. Market cap of $150m with c$900m in assets. Not to mention the $96m of plant they have on-site at the Casca facility. Not to mention the $40/50m net FCF they now have. Ok so the CEO is a cheap car salesman, but that doesn't value a company at a fraction of its break up value lol
It's a question I often find hard to answer "what makes a stock cheap or expensive". A cheap stock can often get cheaper and an expensive one can often get more expensive (NVIDIA). The market doesn't always act rationally but fundamentals almost always win. So when you can value TXP higher then its current market cap just based on its proven reserves it makes a strong argument that it is 'cheap'! Add to that its cash flow and processing facility it makes it seem dirt cheap, then add its exploration upside and seems like it's stock pick of the year (for me anyway)
So basically were all filthy rich and just don't know it yet?