Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
You will not be proven wrong as from years of experience once administrators appointed which is now happening they suck any money left and shareholders receive nothing
Looks like traders have taken their profits and if you read the RNS it states field work to commence by quarter ended 31 March 2023 so we could be up to six months away before any results on the Big ones so a long wait
Presumably they are planning a large share consolidation as so many shares in circulation
Exactly as the first thing you do is check on the license so a year wasted
RN S so no deal and shares worthless as expected
Looking at the accounts to 30 June the company only had 180 K in the bank which by now must be nearly used up so a placing must be a certainty but at what discount and further dilution ?
It was not long ago he said XTR was bargain of the century when the share price was much higher. Also in an interview when the Russian Ukrainian conflict started he stated it would be over in two weeks which I distinctly remember. So I am now concluding he is all hot air which does not help as I have a large holding at a much higher price and really thought he was the real deal
3. Million Mar market cap with 2 million in the bank and last raise if over one million at 2 pence a share double current price so looks a steal
The trouble is that Colin gave us so many interviews on XTR which were so amazingly positive practically weekly with Zak Mir and others and now the share price is at a low
So even as a shareholder I take a lot of it now with a pinch of salt
According to the RNS the state of the company is precarious so unlikely suspension will ever be lifted
As is common in these situations someone will acquire this company after liquidation at bargain prices and shareholders left with nothing
We seemed to have done them a favour after our share price wrecked by their RNS
Mr T agreed Cyprus has done is no favours but if you look at the Balance Sheet and write off the Cyprus venture we still have a company valuation of 8 million against a current share price value of 4 million so share price is out of step
Well I got it correct and was all in accounts so worth reading before causing the share price to crash when it was clear we didn't owe 500000
If you look at the joint venture agreement it mentions each party commuted to spend up to 500000 U S dollars .
In the accounts just released in note 8 under Cyprus it states no impairment required against capitalised costs of £228307
Therefore it seems the total money expended to date is this figure with the remainder due as part of the commitment
Busy day for Colin. RNS for XTR BZT and AFP and have holdings in all . Of all the companies AFP looks the most undervalued with exciting prospects together with Colin holding a large stake and Sandf ire Resources holding 15% and potentially rewarding joint ventures
Strong start with good volume and this is not a pump and dump stock but with meetings next week could see a very good rise
Correct as I emailed Roy and no reply whereas I have shares in a American listed company and the CEO replied to my emails immediately
As the shares are suspended any reply is not price sensitive but obviously a matter of courtesy to long suffering shareholders
All buys today and a very large late one so hopefully news soon
What has happened to the regular interviews with Zak Mir and hope Colin is not avoiding shareholders as now share price close to the low for the year so rather worrying
Sudden drop usually means placing to be announced especially last placing for 600k was nine months ago so must be short of funds