Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
I haven’t got a short blue light. Just not sticking my head in the sand.
The worst damage done is my the everything is great brigade. It’s causing spikes that is dragging more and more people into losing money.
What’s facts. Explain where I am going wrong.
Jaskew. What exactly has changed from the news this morning. We need to raise $600 million before March. It was originally $400 million to get the JPM credit facility. Now we need 600 and we couldn’t raise 400.
We are talking to strategic partners. What good is that? No one has committed.
If this was as good as we believed then surely the financiers would be queuing up. They are not. We are begging bowl
In hand and no one is biting.
Ultimately it will be diluted to death and will bring us all to our knees.
Once the 600 million is raised we will all be sunk. Maybe then will be the time to top up drastically. But right now it’s rubbish and those thinking today’s RNSs is a good one, is either trying to trade or just kidding themselves.
The problem is that once people realise that not much will be happening now this side of Xmas, then boredom will set it. It lasted about 5 mins above 4p and will unfortunately sink to the 2.95p-3p this week no doubt.
The risk of dilution is high and when 600 million is needed and the company is worry about 1/3 of that, then it’s likely current shareholders like me will be wiped out in dilution.
I am one of the too late to sell now. In my head I have written the shares off. I am willing to see what happens in the next 10 years but they have be written off.
Definitely worst here. It’s disgraceful.
Will YA Global come calling.
We have 1 trades all the time. Everyday. Multiple times a day. People says its means RNS. Then the day we get a RNS everyone says the 1 code is true. It’s stupidity. So tomorrow if we get a RNS Malikis will justify it. He claimed one of the RNS the other day. The RNS was actually a monitoring RNS yet he claimed the 1 code the day before was for that RNS. Ridiculous.
What Nonesence.
Basic economics. Supply and demand. There is lots of shares for sale. They have to drop the price to attract buyers.
It was a struggle getting 10k signatures for the recent poll. That required 10 seconds at most to sign. How on earth are you going to find 10k people will to give thousands of pounds for a Bond paying 10%. I would rather use that to buy sxx shares if I thought for one minute investors would sign the bonds for 10%.
Ok. Now I am really confused. Someone help me understand his posts. Google translate?
Now I am even more confused. I just cannot understand your post due to poor grammar. You need to proof read it and send again.
I do not understand this post.
It explains in the article why we couldn’t get the bonds away. It was us who didn’t have a clue at the AGM accepting all the numbers they were throwing at us. The experts were laughing at them.
I remember going to see the guys who are running my sipp when SXX were at about 35p. I thought I was Gordon gecko telling them how well sxx were doing. They were not impressed and said SXX would never get the funding. I smirked at them thinking they were deluded. I almost told them to put some of my sipp in there. Thank god I didn’t. I wish I could go back that night and I would have sold the next morning.
I would say that angel have more of a clue than we do. It shows they were right because the money men didn’t take up the bonds. Now we understand why.
I also assume no stamp duty now and the sp will be too 5s and 0s.
Why?
Is there is a possibility of funding being sourced then people are going to buy. That’s why you get this price. The risk is high.
If you wait and funding gets sorted then the sp will open at higher multiples than today. That’s why people are buying now.
Jupiter went private. We all kept the shares. It was good because you didn’t see them going up and down. If you wanted to sell you had to find a buyer. That was still possible and some did it.
Government come on for heavens sake back it. Quality.