Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
Looks like you're using a 'standard' rule of thumb of $20/oz for inferred and $30/oz for indicated resources to get that figure Tornadotony. But this doesn't take into account either the commodity price or more importantly in this case, the grade. Surely there must be a premium for resurces at 10+g/t compared to those with 1g/t?
I guess we need to wait for a feasibility study to give us a NPV to take this into account?
You are correct that this first trial is funded by Evgen, but it is tied into the Stalicla deal as detailed in the RNS
Have a read of this bob: https://www.lse.co.uk/rns/EVG/sfx-01-licensing-deal-for-up-to-1605m-t2mzgn6l56x102b.html
Next milestone is completion of the trial, which probably means the results are known i.e. Q2.
Re: hedging
Only 1/6th of this year's expected production is hedged. The $1756 collar will be gone by April and the $1900 one by June. As others have said this was necessary as a condition of the working capital facility to ensure Singida is successfully brought on line.
Quite inconsequential in the grand scheme of things.
Definitely worth doing shareminator. Btw there is also a summary of the Q&A in a combined text/audio form here:
https://www.investormeetcompany.com/investor/meeting/q4-2022-production-and-operational-update
Questions are in text, Eric's answers in audio snippets.
Wrong. I suggest you have a quick read of this Bushy:
https://www.investopedia.com/terms/h/hostile-takeover-bid.asp
Recording of this morning's presentation & Q&A now up on the Investor Meet website. They usually put it on Youtube as well at some point.
https://www.investormeetcompany.com/investor/meeting/q4-2022-production-and-operational-update
Working link: https://go.rocktechnology.sandvik/l/490131/2019-03-15/2h81tr
Maybe I'm dumb but can someone explain how the 10:30 Investor presentation works:
"Investors can dial in to the Event by Loopup for free to meet Shanta Gold via the number below, please quote Shanta Gold when prompted by the operator:
· +44 (0) 33 0551 0200 - Standard International Access UK-Wide"
So it's a presentation over the phone?!?
Why?
I have 3 stocks all overdue news, and all radio silence since the new year. So it's not confined to Bradda.