Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
So Anglos are shutting the Los Bronces mine in Chile and Cobre Panama are having to close theirs too. Given that the S/D of the metal was in balance this should mean that copper prices rise substantially in 2024, IMO.
With the sp pretty much discounting any value at Alpala, I am now firmly on the side of the bulls, despite what NM and Cuzzubo have done.
Exactly BBG, its ludicrous. But thats where the sp is right now. Ludicrous.
I am not suggesting the following strategy but its indicative of how far the sp has fallen and how many other opportunities there are out there for a mine finder.
So why doesn't the company do whatever it can through jvs, streaming, forward sales, royalties etc on Alpala to raise some significant much needed cash, then GIVE AWAY Cascabel to the Chinese and use the funds to explore all these other prospects. The fact that would probably create value and a rally in the sp, just shows how far this has fallen.
The other way of looking at it would be to say that Cascabel almost has a negative value within an 8p share price. Pretty daft situation.
Afternoon MF11. I think Shaun was just telling people what they wanted to hear. It will be many many years before we are in the position where GGP can pay a dividend and I will be long gone by then. The suite of assets/projects/tenements have so much potential that I think there will be a great demand for the Havieron cash flow, and thats what makes GGP very exciting. To me anyhow.
Morning Speedy. Nice to see someone who understands dividends. Generally high yielding stocks are ex growth, otherwise why would they pay dividends? Not sure why folks on here, who invest in a gold explorer and developer, want dividends as that couldnt be further away from what GGP is.
Of course it could be a barbell strategy - if they knew what that was.....
So have I BBG. Dont see there is a viable alternative to plan A. Monetise the asset asap.
Any motions voted down will probably cause the sp to weaken further and if some are voted down, the company will probably go into liquidation. IMO.
I find it very odd that it was an uncharacteristically bullish comment from Shaun. I really dont know why he would say that. Obviously I can think of some reasons.....An interview with him might help.
RK, your 11.21 post. Totally agree.
I am in exalted company…. Maybe we should form a discussion group?
RK. I am intrigued that you were a GFD. Just how global were the Bradford & Bingley?
RK, you are absolutely correct that it isnt a straight read across. You might struggle to compare reserves to reserves?
Having said that its definitely not bad news.
Just glad that Smallsea Silver isn’t mentioned…..
Its about £3m pa to be on the main mkt. No hurry imo.
Sorry Colonel, not corporal….
rk, i don’t disagree that it should valued way higher, but it isn’t. i have analysed a few deals in the past and mining deals are the hardest. some many things unique to every deal. grade, tonnage, depth, impurities, aisc, jurisdiction, local skills, taxation, legal, management (!), sales route, ownership. probably missed a few.
not sure i want to put my trust in belief statements…..
as i have often said ‘great asset (i think), absolutely **** management’. something i think even the corporal will agree on.
Colonel, the money that Franco and Osisko paid is because they expect it to be mined. But it doesn’t assume that Solgold will mine or sell it for a high price. Just whoever does mine it will be on the hook to both of these parties. They really don’t care what happens to Solgold.
I won’t discuss GGP with you cos a) this isn’t the place b) you are completely clueless about the company c) you have no interest in GGP and d) why should I waste my time telling you what is going on there?
RK, I have absolutely no interest in catching this falling knife.
My investment has been written down by the market, sadly quite rightly in hindsight. I don’t expect to get my money back, but will be delighted if you are right and I am wrong. I think both you and Fort are reciting the traders prayer about 20 times a day on here and elsewhere, with hope rather than belief, emotion rather than facts. But that’s your prerogative I suppose.
Colonel, if you were right this would have been sold by now. It’s hasn’t, so you aren’t.
RK, As a former building society exec, you must agree that having 6 months money isnt exactly cashed up. Assets in the ground is exactly that, in the ground. More streaming deals just prolong the agony as it makes the company less saleable.
Point 2, they may not have a choice.
If you know anything about Wyloo (and I do), you will agree that it was a unique set of circumstances that wont be repeated here, as there isnt another Wyloo.
And finally your last point, No, not much.
The other obvious point Add is that one view is from a keen seller and the other view is someone who wont be a buyer.....