Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
Very strange comment. Cash in the pocket means more than cash in shares, and regardless of how many shares he has he cannot sell any to release cash, otherwise the share price would take an immediate dive.
This popped up on aadvfn - not confirmed on the Mello site though:-
"Just to let you all know that Bushveld will be presenting at our MelloLondon investor event in Chiswick W4 next month. MelloLondon is a two day event and starts on Monday 26th November which is the day that BMN will be presenting early in the morning. You can find out more here... Http://melloevents.com/mello-london/ There will be 60 quality companies exhibiting and presenting plus some very well known investors, entrepreneurs, fund managers and market commentators providing excellent keynote talks on a range of investment subjects. A number of investment workshops will be available each day and a ShareSoc MasterClass on the final day"
When do we stop being classified as a junior miner? I was under the impression that junior miners were those that were in the exploratory phase. i.e. from Wikipedia
Corporate classifications
Mining companies can be classified based on their size and financial capabilities:
Major companies are considered to have an adjusted annual mining-related revenue of more than US$500 million, with the financial capability to develop a major mine on its own.
Intermediate companies have at least $50 million in annual revenue but less than $500 million.
Junior companies rely on equity financing as their principal means of funding exploration. Juniors are mainly pure exploration companies, but may also produce minimally, and do not have a revenue exceeding US$50 million.
As I understand it, the Mapochs mine takeoever by IRL has been blocked by the competition commission, with IRL being a chinese company.
Surely a similiar Mokopone takeover by a Chinese company would also be blocked?
SOTRR - Yes that;s what I believe. if the RNS was not issued then we probably wouldn't have been aware of the strike as apart from the RNS there seems to be little information on the internet about it. I think the RNS has caused the drop, although not because the strike has impacted the fundamentals, but because the MM have taken advantage of it for whatever reasons suit them.
I find it hard to believe that sale of say 10m shares over a week (representing 0.1% of a company) can drop a share price by 30%