Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
Great point.
Sidetrack restarting at 483m.
Only needs to get to 561m and we start to find out if shows are for greater than 9m.
If they are I expect a further RNS to confirm.
That is a good listen.
Certainly if the drill goes ahead as planned and is successful I expect multiples of sp here.
Target price 10p for me. May be conservative, difficult to judge what anticipation will do here over next few months.
The benefits of getting in early, pre drill. Even pre run up to drill have clearly been seen with he1. At certain points people derisk which is perfectly normal.
I'm still in heavy with he1 and also adv so good to see word getting out.
Hoping he1 strike big in next few days/weeks.
Gla
Both around £120k Mark.
Is 2.6 paid a confirmed breakout?
Looks like sellers now flushed from last weeks news. Into rig sign within 2 weeks and 3 months until drill.
Build up to drill always interesting....Good risk v reward here.
One month to include all this:-
"Exploration drilling includes:
o Micro gas chromatograph and mini mass spectrometer used to identify elevated levels of helium in mud and reportable as a helium show
o Wireline logs to identify reservoir and seal units and to confirm pay zones in success case
o Drill Stem Testing unit to attempt to flow helium gas samples to surface
· Each well will take circa one month to complete"
On this basis things will move rapidly. Any shows could be reported in first few days.
Seems more trades today, looking perky :)
OK glad they clarified in a follow up tweet.
Advance energy just tweeted B-10 spudding Q3. I thought it was due Q4?
And don't be fooled by sell trades.
at 11.50 was my buy at 2.27p, not a sell.
Caution, yes.
But if you are wondering if this is all real (like I was a few days ago) , just Google "helium discovery Tanzania" and there are loads of good quality articles on it from:-
BBC
CNN
Oxford Uni
Daily Mail
Wired
Etc etc