Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
I've invested with Ceres for a while. I averaged down to 1.77 (over a few months) and got out this week at 1.82. I'm sorry to leave Ceres, but the price fluctuations are too big for me. My gut told me that a downturn would happen and it ALWAYS does when there's no news, so I'm not surprised. I'm sorry to say I feel sad, but but am also glad I'm out. I'll return when good news materialises. Good luck to all you Ceres investors out there. The tide will change but I'm not sure when -:)
An interesting discussion.... Part 2 of Latest Partner Developments:
https://www.youtube.com/watch?v=LZAT5Ae43Ao
I've been investing in this company for a very long time and the current situation is poor. The company doesn't seem to know how to handle the market. For example, what sense does it make to delay the results? If there was a strong message to suggest something 'big' was around the corner, then fair enough, but there has been no indication of that. If there was, the share price wouldn't have nose-dived. Unfortunately for Ceres, investors have lost confidence, lost interest, and who can blame them? In the recent Nissan article there is no reference to Ceres. I wonder why?
I'm going to see what the results are like and then make a decision whether to sell or not. I have lived in hope for too long and my patience has now run its course!
Twitter feed earlier today - “We're pleased to announce the completion of building construction for @Doosan's impressive 50MW factory in South Korea, marking a significant milestone”. I guess that’s something to be slightly positive about!
It's amazing how Ceres are not mentioned in any of the 7 green energy projects, and yet they're supposed to be a world leader in the field. Something's not quite right.
I don't think we should get too carried away with the recent SP rise imho. Not much has changed. The Bosch Tech Day is tomorrow, but this guarantees nothing as there has been no indication that the JV will be confirmed then. People seem to think it will be confirmed. There has been quite a lot of good news lately, so a rise in the SP is to be expected, but with no JV the SP will fall again. We have seen this happen before. Be more weary fellow investors!
Some encouraging news just released......
https://www.ceres.tech/news/state-of-the-art-hydrogen-fuel-cell-test-facility-opens-it-doors-in-the-west-midlands/
I think we are in agreement with each other 1863. The JV should have been sorted out by now and there is 'something amiss' - hence the subject title I choose. You concluded by stating 'we need to be told' and I alluded to the information from the respective companies being too 'hush-hush and vague'. There is an old adage that says 'no news is good news'..... but this is too much.
I don't know what is going on with the JV, but something is amiss. It's been a long long time coming (if, indeed, it will at all) and, what is particularly concerning, nothing has been said by anyone to confirm the cog is moving - it is all very hush-hush and vague. I'm not sure even CWR knows what's going on and clearly the SP is affected largely by this. It is easy to sound ominous about CWR, but it's long term outlook does look great and right now we all have to hold on tight for this rocky ride.
I don't think we should take anything for granted about the JV happening anytime soon - who knows? The worst scenario is being informed there will be another delay at the AGM, and then the SP will drop further! I hope not. The only glimmer of light is that recently shares were 'bought' internally, thus raising some optimism.
I said on 5th May we shouldn't get carried away with last week's SP rise, and I was right. It's a common trait - the SP rises steadily by Friday and then falls again the following week. The markets have contributed to the fall too. Eventually there should be some good news about the JV when this won't happen. but it ain't yet..........
I'm trying not to get carried away with the rising share price. This is probably a typical Friday of late, with the SP rising steadily, but falling at the start of the next week (Tuesday).....unless good news is imminent.