Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
Mct101 - As i've said before they the value of the cash growth and inventory rises was well over $5m last quarter. Compared to the very lowest of prices that quarter, gas is now over 100% higher and oil at $44 is the highest in ages. JKX could grow cash by $30m a year!!! Get them whilst they're low as this will return to the 50s and 60s.
Yes, they used to pay them. They will no doubt re-start as cash is really starting to grow now
Wow, where's the buyers this morning? Nat gas above 6,000 UAH in Ukraine and oil at $44. Bodes very well ahead!
Relentless buying
Well buying more is paying off.
100m volume now !
At current nat gas pricing it looks closer to a 2 than 3. This is very cheap.
Bought some more at 2.90.
Anyone that wants to buy btw, must place a limit order.
GLA
I'm in for a quick trade as that will be easy from down here.
Nope, I can't either :)
A few selling without probably realising that the max you can buy is around 15,000 shares. Any buying and this shoots back up.
Yeah this vaccine news out today is very good news again. Brent up 4% and european gas up around 2.5%
Done - nice to see someone else in all three also. TLW is doing so well since i loaded in the 15s, cmd will reveal more in the next week or so. If i had to wager, i'd say JKX probably as it's closest to 40p and you can't buy any stock right now at 34p.
hello 25p again...
Hardly any stock available to buy again!
Only thing to bear in mind is that ENW does has double the number of shares so the market cap does goes up much, much quicker than JKX. If you want more cash you buy ENW but If you want more production, reserves and faster cash growth you buy JKX.
European gas prices UP again this morning, looking very bullish indeed.
Nice start to the week.
European gas prices up again this morning also which is great to see.
Leisurely - some of it is a "catching up" trade with JKX, some of it technical in that it's moving above 20p. On top of that though, ENW does have bags of cash and as someone else said maybe cash makers are becoming the vogue again.
Yeah quarterly update will be in January.
I have seen however that JKX started their drilling of IG146 in October. They shallow drills don't usually take very long so expect one before on that. Looking through the history of these IG drills, they are often gushers, if the same again the share price will rocket.