Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
On 26th July I bought 80511 matd shares for £5840 at 7.245, and today I sold them all at 8p for £6431. Straight afterwards I added some more cash from the bank and bought 39735 shares in amer at 17.7649p, as amer had an offer at 17p and is now seeking more buyers. So I see 17p as a floor on amer with asymmetrical, better, potential upside. Matd by comparison had the rise today ahead of imminent news tomorrow that might be quite boring, then we have a 4 week wait on matd, during which amer may well rise a lot. I don't agree with amer rampers expecting 30p but we might very well get 20p there. Although malcy isn't always right, I thought he made some valid mildly annoying points about matd. I don't rule out buying back in to matd, including over the next few weeks, it just looked frothy today...
It is simply that not enough grapes are grown in the UK for it to have so far been worth the time and effort getting it licensed for the UK. However if the new use on apples that has just been given an emergency licence in France because it is so useful that they can't afford to wait the time taken to the Grant of a full licence, turns out to be effective then I suppose as we grow quite a few apples in Britain it should then be worth licensing mevalone here. I think it was sensible to licensed it first in the countries with the greatest potential to get the revenue flowing in and the product well proven and accepted in the market. If anybody hasn't seen today's RNS about Eden you should go and read it .. it's great
Oh yes, quoting another instance of yourself would be a massive swizz. E. G. A fake person who "works in the city". It is possible that an environmental activist might be tempted to do that. But it it is only a chatroom, probably let it go now. You will notice I am often not that positive about shares I own, seeing both positives and negatives. But really, with igas, it slumped to a base value based on existing production from its 30 sites because it had previously had hope value in in relation to potential future production from the Bowland shale where they have perfect shale with perfect porosity, but it needs fracking. The slump was because the micro seismicity limit meant cuadrilla couldn't frack, meaning that igas couldn't, so the hope value evaporated and the share price slumped to 60p based on fracking being impossible. Now that we have a resolutely pro frack set of key SoS's at Defra and BEIS plus the PM plus the influential Dominic Cummings (assuming his dad's career influences him), to me the hope value should return, yet the share price hasn't altered at all yet. So in place of rizalino's 39p forecast, mine is 100p. I don't generally ever post a share price forecast because most shares are already efficiently priced based on risk and reward, if you think the price is too low you may have a blind spot to some risks, rather than be a genius. But this time, I do think it is irrational for this one not to respond to better prospects for a relaxation of the microseismicity limit.
Cummings has been given a special role whereby he vets the appointment of the SPADs (the paid political advisers in each government department to ministers - https://www.libdemvoice.org/so-what-does-a-special-adviser-do-19771.html describes the role of a SPAD, "Civil servants can sometimes find it difficult to adjust rapidly to a radical change of direction and ministers can need support in arguing with them. Special advisers ... provide sources of alternative advice to that of officials ... and can maintain links between our ministers and the rest of the party. ... their objective is clear: to make sure that the coalition programme, and their ministers’ priorities, are implemented as fully as possible." The number of SPADs was increased hugely (more than doubled) by Tony Blair, and wasn't cut back down post-Blair. Real civil servants hate them. Anyway, they're influential in taking forward anything new that the civil service (almost all civil servants are lib-dem) might advice against, and Cummings has influence on all their appointments (new minister even in same party-in-government always means new SPADs, the old ones are rarely retained).
Oh by the way, Dominic Cummings' dad worked in oil and gas off Scotland all his life. So Cummings will be knowledgeable. He's from the north east.
Re IGAS, bowland shale at pentland road of theirs needs relaxed micro seismicity limit so it can be fracked. Their Ellesmere port planning appeal has been called in to beis. That means leadsome will ultimately decide I believe, as she is now secretary of state at BEIS. She is very proper and will decide on all the correct criteria impartially, with due process, so it could go either way.. but at least you can be sure that she cannot be clouded by underlying hostility.
I don't believe he is able to manipulate the market with his repetitive posts that he thinks the share price will be 59p, then when it fell that far he altered it to 39p. To me that sounds arbitrary but he's free to do it even if his motivation is environmental activism, and even if he uses other forums or other names. I also use another forum, does that make me wicked or in breach of unwritten "rules"? Others should maybe post thoughtful real original comment of their own, not bicker with one another, I suggest. Sorry I don't mean to sound patronising.
Now, look at the new secretary of state at DEFRA. Teresa Villiers. She has gone out of her way in the past to support shale gas, writing about it on her blog. This is high level support. I don't see it in the price or mentioned on the boards.
I noticed in BoJo's excellent speech to parliament today that he spoke out for GM crop experiments, he wants to liberalise GM to help feed the world. He is such a fantastic moderniser and optimist. I expect his past support for onshore oil and gas exploration will become evident in realised policy by and by. Which government department sets Microseismicity limits? I see that Andrea Leadsom is now the secretary of state at BEIS, and in 2016 she wrote an article "don't be browbeaten by scaremongering about fracking". Boris has also supported it in the past (further back, 2013), it seems significant that the relevant top UK politicians are all, based on their past stances, markedly pro
Oh, I take it back, that speaks of sipcam distributing mevalone in usa (and china brazil and the other places mentioned), the mention of the soil worm treatment, or nematicide, Cedroz, also being licensed in USA during 2019 as well as mevalone being licensed in USA during 2019, made me read it as definitely saying that sipcam would also be the US distributor of cedroz. On reflection it does not explicitly say that, I just inferred it (not unreasonably, some might say)
Yes, the answer to which big name firm will market cedroz, the worm treatment, in USA (and mevalone) stares you in the face at http://www.edenresearch.com/media/latest-news/2018/20-dec-2018
http://www.edenresearch.com/media/latest-news/2018/20-dec-2018 here Sean says national USA approval of cedroz and mevalone is expected during 2019, another two great RNSs that will ripen some time. Of course any of the things mentioned can be late, but that's quite a few potential sources of prompt news mentioned across my 3 posts today.
http://www.edenresearch.com/media/latest-news/2018/20-dec-2018 here Sean says national USA approval of cedroz and mevalone is expected during 2019, another two great RNSs that will ripen some time. Of course any of the things mentioned can be late, but that's quite a few potential sources of prompt news mentioned across my 3 posts today.
I have decided to post about KOD here, not on ADVeeeFN, because there are some Stasi types on the ADVeeeFN chatroom who hurl insults and invective at anyone making any post that is not stock-positive. The way (surely !) to view negative posts highlighting possible issues with a stock is, "excellent - someone is challenging my thinking" … if you think the negative suggestion is not likely, is not conceivable at all, or is citing incorrect facts, then you can buy or hold with still more confidence, your thinking having been tested by more cynical or even hostile alterative thinking, and the best they could come up with wasn't convincing. The only posts that are a complete waste of time, actually, are name-calling, abusive or threatening ones "I've got you on filter" "you're a knib" "I know who you are and you're in danger", "the idiots are back", "I bet you have a financial interest in a fall in this stock, unlike me with my detached and 100% impartial analysis" etc. People who post those are probably what would have been epsilon semi-minus category in Huxley's Brave New World (just to continue the Stasi analogy, vaguely !).
Any chat/discussion room on which everyone always posts only positive stuff about the relevant share, would be a TOTAL WASTE OF TIME. Surely everyone can see this ?
Anyway, here is what I want to say today. Although I remain wary of Kod due to slow timeframe to actual production, I have bought more in the hope that BA can come up with new positives/news/analysis tomorrow evening (though I don't entirely trust him to do so, and will be cross if it's just generalised stuff with nowt new, which I admit is my worst fear). The information below is entirely positive for Lithium, since most EV battery chemistries still depend on Lithium :
The Government has this week announced a number of proposals relating to Electric Vehicle (EV) charging - including requiring EV chargepoints to be installed in ALL new homes and public buildings with parking spaces (this is to be prompt, if they go ahead after a short consultation), plus plans to ensure all newly installed public fast/rapid charge points offer pay-as-you-go card payment. There is also to be a review of the vision for a national network of high speed EV charging infrastructure.
There are also proposals under consultation to require all new private chargepoints to be smart, cybersecure and interoperable, and considerations of if/how the national smart meter system could help achieve this.
NB for clarity, I wasn't told that it was certain that the nit treatment would be licensed this year, merely that all was going well with that up to then, and given the impression that all being well, not too much longer to wait. Cedroz, licensing in full only given in Malta, in Italy the emergency temporary licence pending hopefully formal permanent licensing to follow, and I think there were 5 or 6 other southern or middle European countries where Eden had applied for Cedroz licensing which is supposed to follow within 3 months of grant in the first EU country (Malta), but with Mevalone I recall France took more like 9 months not 3 months after the first EU country had licensed Mevalone, so you can't rely on within-3-months (I think it's already now more than 3 months, or almost, since the grant of the license for Cedroz in Malta). I recall a commentator claiming that the market for nematicides like Cedroz = an even bigger total value market than the market for treatments (like Mevalone) for botrytis in grapes/melons/other fruit, by some margin, but haven't verified that for myself.
If you want something promptish on Eden, we should discover whether or not end July, all of august and various parts of September depending on grape variety and location in the licensed Mevalone area, i.e. lateish in the growing season of various grapes on which you don’t want Botrytis (that’s most grapes, you only want the “noble rot” on a few grown as desert wines), are wet or not. Last year was the first year of Mevalone licensing in France and Portugal but annoyingly it was dry. An English vineyard I visited (NB Mevalone not licensed in UK as not much wine grown) last September and asked about this on the tour, told me it was the first year they had ever NOT had to use botrytis treatment. As an Eden investor my heart rather sank at this news. It is the last few weeks, especially last fortnight before harvest, when Botrytis is most likely to develop, and other treatments unlike Mevalone can’t be used a few days prior to harvest; Mevalone can be used right up to actual harvest. A rainy or average summer and early autumn, at east not drier than usual, will generate good, I hope, Mevalone sales.
As to Cedroz, we have an emergency licence of this nematicide to kill soil worms in Italy pending full approval, as it is so valuable that Italian growers didn’t want to wait. And as to the nit treatment, Sean told me personally that he was optimistic about USA licensing completing (unable to give a specific timeframe but later this year, that was early Spring), and following two delays for the UK nit treatment launch by marketing partner Terpentech (due Sept 2018, delayed to Jan 2019, delayed again to Sept 2019, delays TT’s fault – Eden was ready and able to produce the product in marketable form), I hope for imminent confirmation of September 2019 launch. By January we were told the first budget supermarkets had signed up (interpreted by some commentators to be Aldi and/or Lidl but could have been Tesco or Morrisons – they didn’t say), so it was only a case of assigning a brand and packaging, and getting a firm to bottle the stuff up. Most nit treatments sell for about £7 a bottle.
So that’s three sources of potentially prompt-ish news, whether good or bad, for Eden. I thought I’d remind us all of that, because Eden’s so bad at comms, and doesn’t !!!
Just yesterday more news about particulates being found in people's hearts and lungs, especially in cities. Regenerative braking of EVs means less brake particles. Tyres, no change from today. Engine, zero emissions once electric. I already installed a 72 amp cable under my new floor ready for 2 charging points in future in my garage.
If people think someone's not an investor in a stock can they not respond please, as it is an utter waste of bandwidth. Also don't threaten them or demand explanations. I prefer to read about the stock and its prospects (negative posts are fine, they test one's thinking, they are just as good as positive posts).
Eyes are on the RoHS website since Nano will go up if the cadmium ban exemption extension is refused, which is the default position. In 2015 the recommendations followed about 4 months after the consultation so the new recommendation shouldn’t take many more weeks. The cadmium exemption extension, which had the unforeseen consequence of cadmium-based QDs being improved, has been an impediment to commercialization of Nanoco’s IP in display as the beastly cadmium based stuff is cheaper to make. Here’s the link hTTps://rohs.exemptions.oeko.info/index.php?id=316
But are the fundamentals any good? Weak ore, rather deep, and very slow to get anywhere near mining it, maybe end 2028 if we are lucky. Still the chase-me-tail, let's hope there is something behind this froth, blip has let me escape= sell most of my holding. I keep a smidge just in CASE the blip, blips any higher up.