Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
It's share price would be around $40 - not $75 ... US market is clearly streaks ahead of LSE in terms of being able to value these businesses ... we had a slow start on NASDAQ but it will be our saving grace ... they'll definitely pull us out of this sub £1.50 trading range. All eyes on NASDAQ from here on.
I think a lot of new investors (who don't have the legacy frustrations that people are expressing here) will snap up the shares here from current holders. The reality is it is undervalued, and very much due for a massive rip up. Those who lose patience now (as difficult as it seems) might be selling at the bottom here - just my personal opinion.
Agree Blubay ... i think the only question that was fumbled, was the expected hash rate end of Q1-22 ... they didnt give a number ... they said they are staying opportunistic ... this means we could have a great growth in hashrate to 1.7 by December, and then have to wait for Q2-22 before another big jump to 3.7
Rory - i'm very optimistic about next ~3 months in particular because: We'll be generating 325-350 BTC by December ... they're actually installing these as we speak ... if BTC stays at $63k, that's $20-22mn per month! Clear re-rate based purely on that.
Burleigh - got it ... i appeciate it's disruptive and expensive (and timing is critical) ... I just think they must make this issue stop, we could theoretically still have these questions in 6 months from now (with more frustration from everyone). It's one of those issues i thought they should put to bed early and move on ... BUT ... it seems people are happy with this solution this morning.
Yes I think they're trying to accommodate OTC folks, but I really don't understood why shareholders on that counter don't read the tea leaves and start to migrate their holding to Nasdaq. Just don't get it.