Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
Im sure he said they found some files in a back room?
More likely someone dropped them on his desk and said have a look at these and we can talk!
Who would have that data? ??
Next interview Art talks about a possible JV.
Join the dots......
Lovely find. Gives even more confidence when you find similar past situations with a great outcome.
This article covers the base detail.
https://www.hartenergy.com/exclusives/armstrong-selling-stake-largest-us-oil-discovery-decades-30487
I emailed Cathy late last week and although no critical information was given I was happy with the response.
Being polite gets you along way if you decide to email Cathy or Art.
Im fairly certain an update will be released soon. Art will be well aware of the drop but hes not looking at day to day SP movements with whats to come.
Just remember hes invested a years salary in the past 12 months as he knows the field better than anyone. Regardless of how much Art earns everyone lives to their means, so hes not going to waste a years salary just because!
Gary,
Thanks for the repost on twitter yesterday. Im guessing by the rapid response you read this board frequently. Surprising considering you aren't invested.
It never ceases to amaze me how many good samaritans there are commenting on this stock. Some of the information is interesting yet always from a negative standpoint.
Your recent post mentions the production figures are awful. Whilst I agree they arent the best they are stable and very much expected after the past few RNS. Art was quite clear that the fixes they are trying to put in place will take time. When you delve into the detail you can actually see the work is taking place with many wells stopping production to come back only stronger after what appears to be fixes taking place. Why not mention that detail and give a balanced view?
You also seem to believe a RBL or JV wont happen. There is nothing to suggest that is the case.
Finally on your 'fake accounts'. Please explain why so many of your posts are liked or commented on by fake posters who soley post about COPL in a negative and aggressive way.
I look forward to your response here or on twitter.
Thanks to Tiburn and the like for their research. Very insightful as always.
Interesting to see Gary Newman posted immediately upon production news last night along with his many fake accounts. Hard to see him defend them, when these accounts only post negative comments about COPL and retweet Garys posts. Try a bit harder next time.
Sit on hands for me. Big news to come.
DD really shoukdnt take that long. Ryder Scott have completed all the hard work for them. Add that to COPL in house reports it should be fairly straightforward. I would imagine they would spend more time looking at COPL finances ensuring they arent walking into another CUDA.
Yes there are some disappointing delays Oiler but you really do talk some rubbish!
Rbl months ago?? They only started discussions 3 months ago.
Production is increasing - flaring only started last month.
Drilling pushed but 6 new wells due by December.
BOD has performed with limited resources.
You really do need to get your facts straight.
No one is expecting £1 by christmas but we are expecting a ruse in the SP.
It does sound like an agreement is in place for the JV pending this due diligence. For anyone who doesnt know what that includes, due diligence in the context of oil and gas acquisitions, examines geological data, financial records, well tests, legal records, and other information concerning the value and conditions of the assets being acquired.
Six wells have currently been identified for recompletion in the Frontier 1 at Cole Creek offering a near term low-risk opportunity to materially increase oil production and reserves.
To be completed in December!
Ive taken the verbal deadlines like a pinch of salt. Art hoped to get both the RBL and the JV completed by month end. It was a definitive deadline. Im sure huge negotiations have been happening in the background and these items rarely go to plan and can drag on.
That being said he hoped by month end so technically they could sign today and update the market tomorrow.
This a long term play! Lets see where we stand after xmas.
Yep. Im in for the long term here. Limited downside whatever the naysayers come up with. It might not happen overnight with the current funding deals but give this company 3/6/12 months we are going to be in a significantly different position.