Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
Thinking nice 25% up and all looking like a kick on and come back to this mess. Have noticed this the last few days on ITm with a big drop just before the end of trading. All other Indexes Red except Asia but will no doubt open lower based on the sentiment.
Anyone else concerned that the 8th annoucement is going to be disappointing. e.g. insulation for homes grant is welcom but not very bold. and we are still building houses which are crap (code level 4) and could all be almost passivhaus standard by now if George Osbourne hadn't scrapped the code requirement. Need some bold infrastructure statements and commitment on mixed renewables and storage infrastructure of which Hydrogen needs to be a cornerstone. If we get that then is 350/370 a realistic target.
Re nuclear and road trains. All that part is basically military division (which is fine and dandy), its the civils side which is battening down the hatches. Also not sure about how mini reactors cruising around the roads and worlds oceans would go down, or have I missed something.
A friend who is a contractor at rolls royce, their R&D is not going to be doing much for the foreseeable as at the moment its all about survival. Their business model (which I'm not sure if common knowledge) is to lease the engine to airlines and plane manufacturers and all its maintenance etc. Its a bit like the lease car approach engines are leased according to how many miles etc. then upgrades to new etc. are bolt ons. No one foresaw no one flying for 6months. Consequently their revenues are massively down and its a high cash burn business. The civil side is in a lot of trouble.
Back to ITM I'm looking to top up, Do people think positions will be built over the coming week to take advantage of the potential bounce from Rishi's speech on the 8th. My concern is it won't be bold enough and more green wash looking to preserve the fossil fuel companies status quo whilst trying to look like they are looking to do something else. Expect massive road building programmes over hydrogen trains and transport economy.
Well put,
Have done similar an just kept a small free ride and got all initial investment back after buying in at 260 a month ago. Potential unemployment (business got rid of two people today) for PI's such as myself is big risk and I need the certainty now of 6 months mortgage in the bank. Happy to take my 20ish% and will try to buy back in once the waters seem a little less choppy.
Would imagine several other PI's are in the same position and will be looking at cash is king.
Hope I'm wrong GLA.
Likewise chickened out at high 180s last week with the view that recession etc is around the corner. Am on a free ride with profits but no where near where could be. Bubble is always biggest before it bursts. Just can't see her sustaining once August and Sept redundancies kick in as furlough is withdrawn
Guess when you work for the company that got planning permission sorted for the client you should pay attention to share price and appeal dates. Missed out on 60% profits, Hey ho.
https://waste-management-world.com/a/500-000-tpa-waste-to-jet-fuel-facility-a-step-closer-to-take-off-in-lincolnshire
Regretting selling original buy in @ 183 yesterday. healthy 30% profit but have been in and out since the 60p stage. Just don't have the nerve to hold. With hindsight and LTH my original stake would have been £30k profits. However hindsight is always 20/20 and having endured 3-4years of minus 50% I'm still happy with 6/7K profits instead. What do people think is the new dip buy back in price.
150/160?
Previous chat on here had it at around 120-125, given recent weeks and the carnage around the FTSE is the new top up buytin point around 145 - 150 or is it more as 15Lives says all a false dawn and we are going down. Toneman in similar situtaion as yourself. Sold out low and now back in on a 151 average but on a free ride so to speak. GLA. My main concern is that the disproportionate influence the big Oil economies have at the UN, G8 etc. and given the USA has just gone for 3tn of debt they are going to be pushing oil big time as a way of paying it off. Russia, Saudis etc. will all want a return to the status quo to prop up their economies. IMO non oil economies should be the target market, however cheap oil (although still fundamentally floored)I would think is going to be the headache/brakes on mass adoption of H2 where its needed most.