Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
Well 2017 for financial close then comissioning in 2020 Presentation pdf may be useful http://www.ncondezienergy.com/uploads/nelupdatepresentation-june2016final[0].pdf
Yup NCCL should have a fantastic year in 2017 if all goes to plan and on time for signing of FDA with SEP and signing of financial close. Got a target of 12-15p but power plant in question is planned for 300MW. This is only stage 1 and plan to ramp this up to 1800MW. Also NCCL has the coal mine asset so long term its a good play. Short term few bags potential leading into next year With my chart i posted i see good value and entry price at current levels. Downside is if there's any delays. If there is then drop is inevitable.
HNR has a trade lining up at 30p http://www.screencast.com/t/mxJMTBOlPVwt strong support which should hold for rise up to upper channel 50p+ and maybe even creating new 52 week high 80p+ depending if news from helios site on natural gas /helium is positive.
NCCL for the bounce http://www.screencast.com/t/DSZcgZ6X still targeting 12-15p on news for this one next year.
7DIG @ 5p-5.70p http://www.screencast.com/t/82tKKBQE24 support on the horizontal line around 5p+ and possible breakout looming!
PROX at 0.85p? http://www.screencast.com/t/nl4FKAOli support there. well see if it hold then possible breakout above 1.1p over coming weeks
PIP showing support for long term play http://www.screencast.com/t/roHGYqfhzp9 next year possible target of 10p+
I have been watching CLP since i sold but with recent movements and drifting i thought more would get worried without any news anytime soon and thought 0.6p would be a good rebuy. Obv that was before 50k loan, and like you say why so small? Just enough to keep the lights on? unless like you say they are really confident about a possible asset sale to either repay some debt or even a share swap for debt then possibly sell into the rising price movment. It is there for the making for a nice run up to 3p by end of year. Ill keep watching.
Not in yet camkite with recent fall i was thinking it could drift back down towards the 0.6p levels todays news for £50k repaid before end of dec. Are you under the thinking that news before year end? Not sure where they'll get the money to repay it otherwise unless they convert to shares at 0.75p
Think ill be sitting on sidelines until results and have a read of them and see whats written in them. Still waiting on triangle breakout and should rise well once broken out. A good indication on breakout projected target is size of low to high at beginning on triangle pattern and move this length to end of triangle so in this case over 10p looking good. Ill keep an eye on it
ADJ, chart on CPX http://www.screencast.com/t/zvSBZsx7ke07 CPX has formed a symmetrical triangle pattern and SP is closing in on end point so breakout over coming weeks is a possibility SP recently was in a up trend indicaed in blue trend lines, creating higher highs and higher lows for a couple of weeks. SP then hit the upper triangle resistance and then fell below the blue trending support. since then its tradeed sideways within the green channel. fridays close created a double bottom which could be enough for support and another try at breaking out of the long term triangle pattern. purely looking at the charts i would think that SP would head down to the lower supporting trend line within the triangle pattern around 3.35p-3.45p then try for a breakout. But they do have results due on the 4th of oct so im not sure if it will get pushed down further to this supporting trend line. so im not really sure where its going to go and will continue to watch and see if it gets pushed down lower for the support or if theres a bullish view on results being good. once SP closes above the triangle patter with high volume confirming breakout then could be a good entry. not sure if upcomming results are going to be good or not? not dug too much into the fundies, whats your view on them ?
Yup CLP smashing it today camkite! Ive got my eye on a 3p still after being in for over a year im happy to get money and looking to transfer it into MDZ (will post update on that here shortly) You got an exit price in mind it just letting it play out?