Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
Read your posts p***ing myself with laughter not are losing money you are a hopeless ramper. You will not see 0.025 before September your break even I understand.
I see the lunatics are out of the asylum does make me laugh. Hope people and long term holders especially are not buying this drivel
Brasso you didn’t answer the question
With Trafigura as a major shareholder will/could this allow us to access cheaper funding. It’s a very simple question.
You made a point about Trafigura being the more likely to take the company private and I agree with you. If things were to go well and PL could walk away with some kind of a profit he might just do that. So where is his break even
Do you think that Trafigura with its balance sheet might bring down our cost of funding?
A challenge for brasso for the end of the week!
Brasso you have been invested here for many years, ducked in and out and are now invested again and carrying a loss in this share like so many.
It s fair to say that you are knowledgable about this company,the oil market and the wider world I am sure.
Your comments on PPC are in the main negative with good reason although not always .
So your challenge is to write an appraisal that is positive.
Let’s say the next 24 months
Oil at an average of $50
Stable geo political risk
And lastly ignoring a substantial find which would of course great
Believe there is still a big overhang from a seller
I think its just being ramped
The OPEC + OTHERS cut is nothing more than a **** in the ocean
smartest post of the year
DOES ANYONE KNOW HOW MANY MARKET MAKERS THERE ARE IN PPC
Spot on
At the moment I feel there is one major factor which may make a huge difference to our position going forward
The supposed VACA MUERTA LAW touted by Guillermo Nielsen.
Can VM be developed so as to give Argentina $$$$$$ to pay off debt. The consensus is yes
To do this Argentina needs to ring fence the Oil and gas industry, a level playing field and no moving the goal posts. This needs to be written into law for anyone to show interest
If it is then it takes away almost all the geo-political risk
Then the super majors come with billions of dollars
The 2 billion pipeline will get funding as will
the 5 billion LNG terminal
A lot has been learnt in the fracturing business in the States in the last 10 years. NOT MUCH MONEY HAS BEEN MADE ( actually 250 billion has been blown. However the majors are moving in as they believe they can now make it profitable.
I am lead to believe the quality of geology in VM is better than in the States
So all you want for Christmas is this LAW to be implemented.
Brasso you're going to make yourself ill if you carry on like this!
You have a break even of probably just over 8 pence
It will not take much for the stock to get to that level
Consider how many other investors are sitting here with breakevens at 20 pence plus.
YOU MAY NOT FEEL IT"S THE CASE BUT WE ARE VERY LUCKY TO HAVE PETER LEVINE AS A CHAIRMAN AND MAJOR INVESTOR
He"s down £50m
Sadly unless Pl wants to sell back some shares also a buyback will put him over 30%. At these prices I agree That would be a good idea
Seeing as this is your first post we will forgive you, but going forward try making intelligent posts please.
If my understanding is correct and the above man is indeed in charge of energy in Argentina this is the best Christmas present you are going to get this year.
Not sure what you are trying to achieve on your twitter account but if it is to oust the board of directors you are out to lunch.
Fair point i have used my allowance every year but that still only represents about 15% of my holding. My capital loses are in the hundreds of
Ecclescake I read this this article also and yes makes some interesting points.
However decree 566 which has lapsed was introduced by the outgoing government did not mean that once AF takes over that he will not reimplement it or something akin to. We know nothing of other measures in particular capital controls. If AF goes right oil industry get on with it without government interference then that's good news. Again however given the incoming government and the state of the economy the discount to fair value will remain and in all likelyhood remain wider than it did with the previous government. If news going forward is positive then we may see the stock price move upwards but less than you would expect. Having been invested here for over 7 years I now believe the best hope for a return comes from a dividend. An event id rather avoid as it incurs income tax while I sit on a huge capital gains loss.
For clarity NOTHING has been resolved in Argentina
Fingers crossed but not holding my breath.