Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
What is the consensus of people on here about this story ? In a roaring bull market with stocks like Tesla up 40 % in two days ...anuything to do with Lithium is limit up ....in the cold reality the opportunity cost of owning it is disastrous. When is this mythical £4 going to appear ...sadly I think anyone in this has been had on a delusion sustains illusion value play which is like a silent film in the era of HD colour and sound. GLA.
Sorry for all who have lost considerable amounts of money in this. Sadly there is a lesson here - there are no short cuts in this investing business. In the end when you get down to it this was a huge hole in the ground both physically and financially.
With huge risks being placed on successive fund raisings putting sharehoders equity at risk.
Despite all the promises Crossrail , Euro tunnel all should have shown investment amber lights. Sure invest what you can afford to lose but every last drop of your pension and savings ? Spare me. Sadly doing that makes you a victim of the inevitable drive by shooting.
https://www.theguardian.com/money/2019/nov/30/should-we-really-care-about-bank-branch-closures
TSB Cutting branches - Metro is like a silent film in the era of talkies.
No director buys , no hedge funds increasing their position , FCA investigation announcement soon it appears. Shorts not in any hurry to close ...
The FLYBE of the banking world.
I have already forgotten what you know about share trading.
it seems....
N/T.
Plenty of shares around. Check your platform offers. All banks are strong today.
Hope you can invest better than you can spell
Me too. Although the Sandy Lane has it s moments on Christmas day love their beach Barbecue.
Shorts rarely lose because they do their homework ....seems a few on here could do that also. Perhaps then you could spend Christmas in Barbados.
Nice while it lasted but this is a long haul. No RNS, volume small. If these stories were true about a takeover it would be 400 plus by now and a commensurate increase in volume.
Lloyds and all the other banks are closing branches rather than opening them. Walked past a brand new Metro that has opened recently over the weekend and it was empty apart from a rather home counties woman who was clearly sheltering from the rain with her dog.. Metro ? Nice idea but the concept does not work.
While all of you were dreaming of a delusional Metro take over Greggs is up 14 % - the amount of people in there wanting their bacon sarni on the way to work would have given it away.
Dream on.
So many people seem to be getting carried away . My own experience is that take overs come out of the blue. and there is very little rumour beforehand.
Agrred this is cheap but too many people seem to be putting 2 and 2 together and getting 10.
Please keep a sensible perpective on this.
If it does not happen back to 1 .80 in short order.
So lets stop sucking each other s d***s.
We can all go back to sleep.
Would like to have seen a stronger finish.
GLA
But it looks like the caravans have returned.
Impressive share strength. Just imagine how many branches LLoyds could close and essentially keep Metro as a walk in offering and essentially become an online bank.
This time next year Rodney ....
No Vernon Hill taking private announcement , no hedge fund stake increases , volume drying up ...fairly priced on fundamentals ...
The dogs are barking but he caravans have gone.
Find something else if you want to make some money.
As exciting as paint drying - in no mans land. Shorts have no reason to cover equally no reason to increase their positions.
Buyers have no reason to rush in as they can now sit back and wait as this is a long recovery play- all very tedious and dull. Even the chat on here is drying up as no one has anything to say except re hash a few stale twitter rmours about a possible takeover.
Depends on how you value their loan book. If the majority of their loans are a mixture of dodgy car loans , speculative property loans etc... not much which explains the very big discount to their NAV.