Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
"Very sad life.." Says the individual who has posted 3513 times since the account was opened. That is nearly twice, very working day, since 2016 ;-)
Kylie75, you've made your point(s). You make some points and they have been noted by all. Move on or focus on the day job (if you have one).
"I make no secret of my holding, it's just north of a million shares at an average very slightly higher than today's sp."
Mathematically impossible. As before, and now, you were chirping from the days of JP until now, how you were constantly topping up. Each to their own, but unsure why you have to lie about it.
Saipem has sold its OnShore business (includes Tendrara) to Scottish company, KCA Deutag
https://www.moroccoworldnews.com/2022/11/352165/tendrara-gas-project-saipem-sells-onshore-drilling-business-to-kca-deutag
GPetroleum_Agreement_Model_2021.pdfive up? What! Telling people here that you have just bought more shares or that you continue to make a profit, even though the price has continued to drop. It really doesn't matter as I expect the amount you have invested is pitiful but the way you harp on, and your tone, you make it sound as though you have bet your house on it.
Oh here is the info you are looking for....
https://hydrocarbons.onhym.com/sites/all/themes/hydrocarbure/images/node/Petroleum_Agreement_Model_2021.pdf
21.2 Delivery and ownership of Deliverables PETCO undertakes to provide ONHYM with the deliverables detailed in Appendix III (the "Deliverables") by the end of the concerned Exploration Period and/or Exploitation Period at the latest. In general, the Parties agree that the Deliverables shall become the full ownership of ONHYM upon their delivery to ONHYM, which shall freely dispose of them, regardless of their nature, form or medium. PETCO warrants ONHYM the enjoyment and peaceful exploitation of the Deliverables and that the Deliverables do not infringe any third-party rights whatsoever. PETCO warrants to hold ONHYM harmless from and against any third party claim.
APPENDIX III- DELIVERABLES The Deliverables generated from the Exploration Works as set out in Articles 4.2.2, 4.2.3 and 4.2.4 shall be delivered to ONHYM in the following formats: 1. Seismic: Acquisition, processing, and reprocessing 1.1. 2D & 3D seismic acquisition and processing - - - - - - - - - - - - - - - - Field data in International format (SEG D), in 3592 (E05) or LTO-04 tapes. Field data merged with navigation data in International format (SEG-Y), in 3592 (E05) or LTO04. Seismic acquisition parameters test data in International format (SEG D or SEG-Y), in 3592 (E05) or LTO-04 tapes or on DVD. Supporting Field documents and Observer logs in International format in 3592 5E05), LTO-4 tapes or on DVD. Final operation report in hardcopy (one copy) and Digital format (Word & pdf), on DVD. Seismic acquisition parameters test Report in hardcopy (one copy) and Digital format (Word & pdf) in DVD. Shot point and receivers Field coordinates data in International format (P1/190, NAV P2 or ASCII), in 3592 (E05) or LTO-04 tapes or in DVD. Weathered zone data (WZ) (Refraction and/or Uphole), if acquired, in International format in 3592, LTO-04 tapes or in DVD. Velocity data used to generate the field fast track in International format (SEG-Y and /or ASCII) in 3592 (E05) or LTO-4 or in DVD. Intermediate processing data such as CDP gathers and other gathers (PSTM gathers corrected and uncorrected NMO), if available, in SEG-Y format on 3592 (E05) or LTO-04 tapes. .............. et etc etc
Maybe you should do some basic research before investing.
Yes, 'have a good day'
sundance4, you need to move away from you assertion that the kingdom of Morocco is full of desperate half-wits.
Sound, in my view, is in a precarious position. Without a definitive timeframe of payment and the lack of short term cash, we have been weakened when it comes to negotiations.
IF Sound fails, and that is a big IF, then all the intellectual property like seismic etc reverts to ONHYM. Then then merely need to find another partner with deeper pockets who will have no problem at scaling up.
I don't think you, "should" but I thought I'd at least ask as you feel THE NEED to tell everyone here when you allegedly do.
Lets be fair, by the way you have a menstrual cycle whenever anyone has a,n opposing view to your own, its going to be a negligible amount.
"They have 3 sites M5, TE4 and SBK 1
They have put these together as campaign and will farm out. As I understood it, if done correctly this will not incur any costs to Sound. They have various options to tempt big players into the fold."
....... Thanks for this ericnat17. I hadn't seen this until now.
Yes, I do and I met Brian here in the UK and in Morocco. Thoroughly decent guy.
Your narrative suggests that you were not at the sharp end of exploration and have no concept of risk. You can fling any exotic, far-out locations into your post but the conclusion from me is still the same. He wasn't forced or swept into anything. Every discussion I had with him, he was quick to highlight the risks as did the numerous RNS releases.
The exploration coverage in Morocco has been sporadic at best over 30 years. As you will know, you need a definitive and extension drill in ground approach to get a real understanding. With SBK... the hard work may already have been done but there is absolutely no guarantee.
As I said, Brian, in my view, was in no way to blame. He interpreted the data with our partners, located the optimum location but the risk of failure unsurprisingly won