Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
Anybody else watching the volumes today? lol
Iknownuffin - other CEOS would do well to learn from AA. He has a crazy sharp approach to this, he grasps not just how to create inherent value but how to do that with seeing the share price reflect that. This could easily be one of the biggest risers in 2021 given the low number of shares in issue and AAs appetite to "make money".... something that came through very clear on yesterday's webcast.
Interesting, can't buy right now at 35.40. Limit orders only.
LeFlic17 - agreed!
1750- i called a short there, like it or not it worked. I have gone long here - like that or not also that's working. I got my fill, maybe you didn't. Not my issue.
As i've said before, i've not seen any real contribution from you on this forum yet so maybe focus on that before pointing fingers and having a NEED to come at me. Cheers!
No, that was an uncrossing trade that's all.
1750 - I called a short on RRE when the price was £18 - that play out when oil collapsed. Now I suggest you move on from those days and actually make a proper contribution to this forum. So far, I have been doing that,.... not seen so much from you. Good luck!!
Morning Iknownuffin, - very impressed. Added thoughts last night:
All i can say is that i'm glad I loaded at 105 and wasn't talking down the price at any point. This will multi bag ahead as Andrew is aiming to make this a divi payer again and you don't do that unless you're very confident in your cash model. The fact they are looking at things right now and are so confident of something early in the New Year is hugely positive. My advise to those looking in... Ignore the de-rampers, Andrew Austin is on a mission to do this again. What did he do last time? He made almost 4000% for his shareholders.
Few are going to part with their shares knowing that deals are around the corner, the size of the prize ahead.
Dusters - i won't be lectured by you... the one who kept calling for a lower prices with your hourly de-ramps. I'm not in here for the short duration but the long haul and I'll do as I please thanks! I'd also be grateful if you could stop messaging me - i really don't want to block you like your other half NewKNOB.
Retail isn't clueless, they know when a CEO who's just made 4,000% for his shareholders and invests £10m of his own money means business! Long and strong.
No stock to buy on the open at 125... and to be expected tbh !!
The fact that Andrew is looking to implement a progressive dividend policy ahead valdidates that the businesses he's looking to buy will be highly cash generate for Kistos holders. That's the parallel with Rockrose. He's also referenced the ability to use buybacks if he needs to. At Rockrose, he did a tender offer to willing sellers at around the £5 level if i recall.... and something they all regretted afterwards i'm sure when it kept bagging !!
It wouldn't surprise if the first deal is a gas production business in the North Sea. THat's his absolute know how and he's done it many times before. WHatever is ahead, I'm very much looking forward to it. What's clear is that Andrew know's how to create big shareholder value.
Twitter:
Expect #KIST to break 1.3 tomorrow on the back of this great interview, but that really doesn't matter in the bigger scheme of things. 12 month hold for a potential 5 bagger, 36 months for a 10 bagger, from a man with a plan who has done it before.
Got to say, I was 100% in Rockrose for a couple of years, and I’m more excited about #kist I will go to 50% soon enough then...never say never
#KIST - Really interesting interview with Andrew Austin, Chairman of Kistos Plc. This team know how to ignore the noise and ruthlessly focus on shareholder return, and they don't hang around in doing it. #Kistos #RRE #RockRose
#KIST This is no lifestyle company - it’s being built by AA and the BoD for the benefit of SHs , of which theyve plenty skin in the game
#KIST Malcy talks to Andew Austin, Chairman of Kistos #KIST - Anticipates first deal early in the new year and a couple acquisitions under the belt by Q4 21. Buckle up
#KIST AA -focus: gas production, gas storage, standby electricity gen. "Looking at a number of incoming producing assets right now",£34.5m cash, appetite to £100m in acquisitions, more insti's to arrive on first deal, tgts progressive divi policy again, buybacks may be used again
All i can say is that i'm glad I loaded at 105 and wasn't talking down the price at any point. This will multi bag ahead as Andrew is aiming to make this a divi payer again and you don't do that unless you're very confident in your cash model. The fact they are looking at things right now and are so confident of something early in the New Year is hugely positive. My advise to those looking in... Ignore the de-rampers, Andrew Austin is on a mission to do this again. What did he do last time? He made almost 4000% for his shareholders.
Twitter:
#KIST AA -focus: gas production, gas storage, standby electricity gen. "Looking at a number of incoming producing assets right now",£34.5m cash, appetite to £100m in acquisitions, more insti's to arrive on first deal, tgts progressive divi policy again, buybacks may be used again
Apart from Duster and NewKNOB who will continue to talk this down of course ! I'm looking forward to reminding them of their posts when this is the ££sss.
MAverick, there's nothing in sight yet though for Namibia though is there? Yes, other companies may drill in 2021 but there's nothing been announced or expected anytime soon on ECOs acreage.
When it comes to Guyana, that's now been pushed back till 2022. The share price is doing a lot better than i expected tbh
This has more net cash, more production than when it was last in the 60s. What was the high a couple of years back - 68p? JKX could amass closer to $50m by the end of 2021 especially if they get a couple of good well results. With over 80m barrels of reserves and hundreds of millions on the contingent side of things this has a long way to go yet.
and Bitcoin is right that if some larger buys did pop up here (i.e some 50K) it would be very surprising not to see this at 30p in a flash purely because of how low the float is. Once this can get above 26p it should happen fairly quickly if people can hold their nerve
Napthman - thanks for getting back. I understand that but i'm not talking about doubling the share value - sorry if i wasn't clear. I'm saying that when ENW rises by 10% the market cap rises faster than JKX because they have half the shares in issue. My earlier post showed the difference in market caps if either JKX or ENW was priced at £1 or 50p etc.
Don't know the release time but that will certainly be a widely watched interview!