Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
Outline terms agreed with Sheffield to contribute funding to support the Project into production in exchange for up to a 50% interest in the Project subject to, inter alia, due diligence over a 60-day period.
The expectation was that Sheffield wouldn't need more than 60 days. I still expect a deal within the next week or so.
If I make a fortune here then possibly some transfers over to other similar shares. But, don't want to push my luck too much. If I make 1.5 million from my investments over the next couple years (that would be my dream!). I won't be pushing to make 3, 4 or 5 M. CMET needs that deal first though. Good luck to all of us! All for some good tip-offs btw.
My target is clearly much higher than yours. Nevermind, the newbies will happily buy your cheap shares at 20p. Then you can watch the SP rise to £1+ -- what fun, non? Sour grapes! Timing is everything!
I don't think that we'll be waiting a couple years to 10 bag. Once licenses, expanded resources and funding in place - we will already be there. Could be less than 6 months away. There are always super conservative types on these boards who (trading) go in and out faster than a porn star. I expect to see life changing returns for many people invested at this stage.
Given the potential selling for 3X profit seems far too soon. Missed out on a 20 bagger once doing the same thing. The asset is worth minimum X10 the current level and that doesn't include any resource expansion. We just need the funding. Wasn't the prediction this week?
CMET almost hit the buffers last year. I think that LTHs have also had a hard time. I'm confident that there will be big interest once funding is confirmed. Unlike so many mining projects that require complex engineering works, this one is very simple. Hopefully, we'll get the important news this week.